Nippon Sanso Holdings Corporation (NSHD) is increasing the scope of its industrial gas supply operations following a deal signed between Matheson Global HYCO Peru Srl – group company of NSHD’s US operating company, Matheson Tri-Gas, Inc. (Matheson) - and Petroleos del Peru (PetroPeru), the Peruvian National Oil Company.

Under the 20-year agreement, HYCO Peru will take charge of operation, maintenance and supply of hydrogen and nitrogen from plants that are being completed and brought on-steam at PetroPeru’s Talara refinery. 

The new Talara refinery during construction

The new Talara refinery during construction

Source: PetroPeru

Currently undergoing a major $3.5bn upgrade, the Talara refinery aims to achieve a crude processing capacity of 95,000 barrels per day. 

Three hydro-processing units have been integrated into the plant, capable of removing sulphur from gasolines and diesel to produce ultra-low sulphur fuels using hydrogen.

The design of the refinery aims to enable production of very high quality transport fuels from a diverse crude oil slate. 

With both the hydrogen and nitrogen plants now mechanically complete, commercial supply of the gases is expected to begin later this year. 

“NSHD will continue to explore and develop opportunities to realise a carbon-neutral society by expanding the Matheson led Global HyCO business,” stated the company. 

The Japanese industrial gas giant made significant steps on their journey to net zero following the release earlier this year of its five-point plan to advance the energy transition. 

The plan focused on using technological advances such as oxy-combustion, green and low-carbon hydrogen, and carbon capture to reduce emissions for industry. 

Having been awarded a gold medal for sustainability by rating agency EcoVadis in September 2021, NSHD told gasworld that it is ‘working to enable a carbon neutral world’.