Keppel and ExxonMobil to explore low-carbon ammonia
- 24/04/2023
Singaporean conglomerate, Keppel Infrastructure1 and ExxonMobil Asia Pacific have announced the signing of a memorandum of understanding (MoU) to develop access to low-carbon hydrogen and ammonia for scalable commercial and industrial applications in Singapore.
The MoU follows the Singapore government’s launch of its National Hydrogen Strategy in October 2022, which expects hydrogen to meet up to half of Singapore’s power needs by 2050.
Cindy Lim, CEO of Keppel Infrastructure, says: ‘Deep decarbonisation of power generation and major industries is a key impetus for countries seeking pathways to net zero emissions. Globally, clean hydrogen is one of the most effective decarbonisation strategies, especially for hard-to-abate sectors, like maritime and petrochemical. As a forerunner in the energy space, Keppel is pleased to work with ExxonMobil to accelerate the end-to-end development and deployment of ammonia to support industries and Singapore’s sustainability goals.’
Source: www.tankstoragemag.com
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