INPEX Launches Blue Hydrogen Project in Niigata Prefecture, Japan
Key Ideas
- INPEX initiates front-end engineering and design work for a blue hydrogen project in Niigata Prefecture, Japan, signaling a commitment to energy transition.
- The project will utilize natural gas from existing fields for hydrogen production and incorporate carbon capture and storage to ensure sustainability and reduce carbon emissions.
- INPEX aims to have three operational net-zero businesses by 2030, producing 100,000 tons of hydrogen annually and contributing to Japan's energy demand while supporting carbon neutrality goals.
- By leveraging its experience and resources, INPEX demonstrates leadership in the energy sector and showcases a strategic approach to diversifying its energy portfolio with low-carbon solutions.
INPEX, Japan’s largest exploration and production company, has embarked on front-end engineering and design work for a blue hydrogen production project in Niigata Prefecture, Japan. This endeavor is part of the company’s ambition to advance five net-zero businesses by 2050. The project will leverage natural gas from INPEX’s existing fields in the region for hydrogen production, complemented by carbon capture and storage measures. The facility, set to produce 100,000 tons of hydrogen annually, aims to meet a portion of Japan’s energy demand by 2050, emphasizing sustainability and emission reduction. INPEX plans to operationalize three such projects by 2030, aligning with broader efforts for carbon neutrality. Through the integrated approach of carbon capture, INPEX ensures that the produced hydrogen qualifies as low-carbon, aligning with the blue hydrogen classification. The company’s deep-rooted presence in Niigata Prefecture and experience in energy operations position it well to execute this venture successfully. By committing to blue hydrogen production and carbon capture, INPEX reaffirms its dedication to driving the energy transition and supporting Japan’s sustainable energy goals. The project serves as a significant milestone in INPEX’s journey towards a diversified, low-carbon energy portfolio, reinforcing its stance as a pivotal contributor to Japan’s sustainable energy future.
Topics
Production
Renewable Energy
Sustainability
Energy Transition
Carbon Capture
Carbon Neutrality
Energy Production
Energy Portfolio
Net-zero Businesses
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