INPEX and AGL Vitality Restricted Signal Memorandum of Understanding on South Australia Hydrogen Hub Venture[PDF:147.8 KB]

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Public Relations Group, Company Communications Unit

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN

June 17, 2022

INPEX and AGL Vitality Restricted Signal Memorandum of Understanding on

South Australia Hydrogen Hub Venture

Tokyo, JapanINPEX CORPORATION(INPEX) introduced it has signed a memorandum of understanding (MoU) with Australian vitality supplier AGL Vitality (AGL) to conduct a feasibility examine for AGL’s Torrens Island Hydrogen Hub (hereinafter TH2) within the state of South Australia. TH2 has the potential quite a lot of clear vitality options together with the manufacturing and export of inexperienced hydrogen and the commercialization of methanation from hydrogen. INPEX joins AGL and its different companions on the examine.

TH2’s location has many benefits. By leveraging the intensive renewable vitality sources out there in South Australia in addition to the present infrastructure and business at Torrens Island, the challenge is properly arrange for fulfillment. Moreover, TH2’s location close to South Australia’s capital of Adelaide is anticipated to drive native manufacturing and consumption of vitality whereas creating alternatives for the export of hydrogen and different vitality options to Japan and different international locations sooner or later.

INPEX seeks to develop a hydrogen enterprise, which is among the 5 internet zero companies outlined within the firm’s INPEX Imaginative and prescient @2022introduced on February 9, 2022. The corporate plans to commercialize three or extra tasks by round 2030 and goals to provide and provide 100 thousand tons or extra of hydrogen/ammonia per yr. INPEX will proactively interact in vitality construction reforms in direction of the belief of a internet zero carbon society whereas fulfilling its obligations for the steady improvement and provide of vitality.

In regards to the Venture

Deliberate challenge timeline

June 2022 ~ December 2022

AGL Vitality, Adbri, Brickworks,

Venture individuals

Flinders Ports, INPEX, Osaka Gasoline Australia,

SK ecoplant, Spark Renewables

About INPEX

INPEX CORPORATION is Japan’s largest exploration and manufacturing (E&P) firm, and is presently concerned in tasks throughout a number of continents, together with the Ichthys LNG Venture in Australia as Operator. By completely making its oil and fuel enterprise cleaner whereas increasing its 5

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Public Relations Group, Company Communications Unit

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332 JAPAN

internet zero enterprise areas, INPEX goals to supply a steady provide of various and clear vitality sources together with oil, pure fuel, hydrogen and renewables as a pioneer in vitality transformation. For extra data, go to https://www.inpex.co.jp/english/index.html.

Media Contact: INPEX Tokyo Workplace, Public Relations Group, Tel) +81-3-5572-0233

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