The first coal to hydrogen project launched by Japan and Australia

13/04/2018 15:34 Hydro


A multi-billion-dollar project has been launched by Japanese and Australian governments aiming to produce liquefied hydrogen from coal for Japan's southeastern region.

The Hydrogen Energy Supply Chain (HESC) consortium, managed by Kawasaki Heavy Industries, including J-POWER, Iwatani Corporation, Marubeni Corporation and Australian company AGL, will run the project.

The project’s construction in Victoria is likely to begin in 2019.

According to the announcement made by HESC, the first delivery of hydrogen, from the pilot, is expected in 2020-2021.

Hydrogen is the clean energy commodity of the future, and a reliable solution to the energy and climate change problems worldwide.

According to the statement, Australia already exports coal, iron ore and LNG. it can export, with the HESC project, the commodity of the future - hydrogen, which gives off no carbon emissions when used for power generation in fuel cells or gas turbines.

The Hydrogen Council declared that hydrogen could provide a fifth of global energy, in a $2.5 trillion market, by 2050. This is a sign of new economy development, and in ties between the two states.

Daily (15.08.2018): Bullish UK gas forward prices on Tuesday, due to upcoming maintenance at Kollsnes

15/08/2018 11:32:00

Increasing trade tensions between US and China led to a decline in oil prices on Tuesday. Brent crude edged 0.2% lower at $72.46 a barrel, due to a pessimistic economic outlook and predictions of reduced demand. Meanwhile, WTI crude ended 0.2% down at $67.04, following the rise in crude inventories.


TANAP to strengthen Turkey's energy security - minister

15/08/2018 08:26:00

Trans-Anatolian Natural Gas Pipeline (TANAP) will strengthen Turkey’s energy security and contribute to the diversification of energy sources, Minister of Energy and Natural Resources of Turkey Alparslan Bayraktar said, Turkish media reported.


Egypt Signs New Agreements with European Oil Companies

15/08/2018 08:18:00

Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed three agreements today for the exploration of oil and natural gas in the Mediterranean, Western Sahara and Nile Delta.