Sembcorp Industries, based in Singapore, has entered into a joint development framework agreement with Indonesian partners to explore the possibility of a hydrogen transportation pipeline connecting Sumatra, the Riau Islands, and Singapore. The agreement involves PT PLN Energi Primer Indonesia and PT Transportasi Gas Indonesia, with plans to leverage PT TGI's expertise in natural gas transportation to establish a regional hydrogen hub. Additionally, Sembcorp and PT PLN EPI are considering the development of a green hydrogen production facility in Sumatra, with a capacity of 100,000 metric tonnes annually, making it the largest in Southeast Asia. Despite this significant collaboration, the financial impact on Sembcorp's earnings and net tangible assets for the year ending 2024 is projected to be minimal. This initiative represents a positive step towards sustainable energy solutions and signifies a commitment to cross-border cooperation in advancing hydrogen technology in the region.