JERA Co. Inc. (JERA), a joint fuel procurement venture between Japan’s Tokyo Electric Power and Chubu Electric Power, on Feb. 10 said it has concluded a Memorandum of Understanding (MOU) with Malaysia’s national oil and natural gas company Petroliam Nasional Berhad (Petronas), concerning cooperation in the decarbonization sector.
The MOU specifies that Jera and Petronas will discuss opportunities to cooperate in promoting the use of LNG in Asian countries and in establishing supply chains for ammonia and hydrogen fuels.
Jera has been working to achieve virtually zero CO2 emissions from its operations in Japan and overseas by 2050 through the expansion of renewable energy and the development of technologies for zero CO2 emission thermal power generation. It noted that it has a good relationship with Petronas through the sale and purchase of LNG over nearly 40 years.
Petronas is an ammonia producer and is considering the production of green ammonia and hydrogen. JERA believes there are many businesses in the LNG and decarbonization sectors in which the two companies can collaborate.
The companies plan a demonstration experiment over the next year in which coal and ammonia would be mixed and used as fuel for a thermal power plant, according to Nikkei Asia, and by the 2040s, Jera envisages only ammonia as its fuel for power generation.