MoU For Singapore’s Hydrogen Initiative

PSA Corporation Limited (PSA), Jurong Port Pte Ltd (Jurong Port), City Gas Pte Ltd, Sembcorp Industries Ltd, Singapore LNG Corporation Pte Ltd, Chiyoda Corporation (Chiyoda) and Mitsubishi Corporation (Mitsubishi) are to explore ways of using hydrogen as a green energy source in Singapore.

Working with Chiyoda, a technology and supply chain solution specialist, the companies will identify and demonstrate use cases using Chiyoda’s SPERA Hydrogen, Liquid Organic Hydrogen Carrier (LOHC) technology to allow hydrogen to be safely transported in chemical tankers at normal atmospheric temperature and pressure. Mitsubishi will support this development as the main shareholder of Chiyoda.

The five Singapore companies will collaborate with Chiyoda and Mitsubishi to evaluate the technical and commercial feasibility of using hydrogen usage and to develop a business case for hydrogen import and utilisation in Singapore.

‘We are delighted to be underlining PSA’s commitment to green initiatives with the signing of this MOU. Lowering carbon emissions to reduce the impact of climate change is a vital pillar of our business, and the direct impact of reducing our carbon footprint through this project is exciting.

Powering our horizontal transport with hydrogen is just the beginning, and we will see its application expanding in the future, playing a part in our Smart Grid systems with EMA, and augmenting business adjacencies in our future Tuas Ecosystem.’  said Ong Kim Pong, Regional CEO Southeast Asia, PSA International. 

‘Jurong Port is working with Chiyoda as we believe that the port is well placed to accelerate the development of hydrogen as a viable fuel option for power generation in Singapore’s transition to a low-emissions future,’ commented Ooi Boon Hoe, Chief Executive Officer, Jurong Port.

Tan Soo Koong, CEO, SLNG, also noted: ‘This MOU marks an important first step towards making another sustainable energy option, namely hydrogen, available for Singapore. SLNG is pleased to be a part of this pioneering and very exciting collaboration, through seeking synergistic ways of using our terminal infrastructure.

‘We are in the midst of a global energy transition, and SLNG is committed to doing what we can to facilitate and catalyse this process.’