ENEOS, Japan's largest oil company, is set to invest $200 million in a green hydrogen demonstration plant in Bulwer Island, Queensland. The plant is expected to produce up to 680 kilograms of green hydrogen per day using ENEOS's own technology starting from 2026. This initiative, part of a trade mission to Japan and the Republic of Korea, highlights Queensland's position as an energy superpower. The green hydrogen will be in the form of methylcyclohexane (MCH), which is a liquid hydrogen carrier making it easy to store and transport. A portion of the produced MCH will be shipped to Japan. The construction of the plant is scheduled to begin next year and production to start the following year. The project, in collaboration with Japanese and Brisbane companies, is supported by the New Energy and Industrial Technology Development Organization (NEDO) and the Green Innovation (GI) Fund to aid Japan's objective of carbon neutrality by 2050. This investment not only signifies a boost in green energy production and job creation but also strengthens partnerships in the energy sector between Japan and Australia.