Adnan Zainal Abidin, executive vice president, gas and new energy, Petronas, said: “We are proud to elevate our four-decade long relationship with Jera which will not only see us explore emerging low-carbon energy sources such as ammonia and hydrogen but also to strengthen our LNG partnership.”
The MOU is a result of both companies’ shared vision of achieving net zero carbon emissions.
Petronas and Jera will collaborate in the supply chains for ammonia and hydrogen fuels while continuing to advocate for the use of LNG through LNG bunkering solutions, in support of IMO regulations on greenhouse gas (GHG) emissions.
The companies will explore the establishment of a global bunkering supply network, leveraging on both companies’ experience in LNG bunkering. In November 2020, Petronas completed its maiden LNG bunkering operation at Pasir Gudang, whereas Jera completed its first LNG bunkering operation in Japan in October 2020.
“Importantly, the scope of collaboration also opens up opportunities across Petronas’ integrated value chain and beyond the borders of Japan as we seek to grow the use of low-carbon energy sources globally,” said Adnan.