Energy giant Shell will work with two of Japan’s biggest gas companies Tokyo Gas and Osaka Gas to explore solutions that will help reduce carbon dioxide (CO2) emissions across the company’s production value chains.
Signed yesterday, 6th June, the deal will see the three companies investigate the use and adoption of hydrogen, carbon capture, utilisation, and storage (CCUS), biomethane, and renewables-based synthetic gas to hit net zero targets.
Commenting on the deal, Steve Hill, EVP, Shell Energy, said, “We have been delivering LNG to Japan for over 50 years and are proud to be part of Japan’s energy journey over the years”.
Having previously supplied Osaka Gas with its first carbon-neutral LNG shipment, Shell released its LNG Outlook 2022, which revealed that the global trade in LNG increased to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the Covid-19 pandemic.
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