Six leading companies have formed a partnership that aims to establish Asia’s first green e-methanol plant which converts captured biogenic carbon dioxide (CO2) into green e-methanol, a low carbon fuel, that could enable a significant reduction in greenhouse gas emissions. The pilot plant will be set up in Singapore pending the successful conclusion of feasibility studies by the end of 2022.
PTT Exploration and Production Public Company Limited (PTTEP), Air Liquide, YTL PowerSeraya Pte. Limited, Oiltanking Asia Pacific Pte. Ltd., Kenoil Marine Services Pte Ltd, and A.P. Moller – Maersk A/S have signed a Memorandum of Understanding (MoU) on a ‘Green Methanol Value Chain Collaboration’ which will explore the feasibility of establishing a green e-methanol pilot plant, with a minimum capacity of 50,000 tons per annum (TPA), and will be the first of its kind in Southeast Asia.
This MoU marks a pivotal step towards transforming captured biogenic CO2 and green hydrogen produced from renewable electricity into green e-methanol and making this low carbon fuel commercially accessible for the maritime industry.
The Maritime and Port Authority of Singapore (MPA) welcomes the formation of this industry partnership and its plan to leverage Singapore’s hub port and research ecosystems to conduct feasibility studies on the set up of a pilot plant and running of bunkering trials on green e-methanol.