Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) and major Australian energy company Origin Energy have signed a memorandum of understanding (MOU) for a joint study of Australia’s supply chain of renewable energy-derived ammonia (green ammonia).
The two companies will complete a feasibility study on marine transportation of ammonia, demand in Japan and Asia while also developing a supply chain by December 2021.
Origin is pursuing several green ammonia and hydrogen projects, which include a green ammonia export project in Bell Bay, Tasmania, with the first cargo targeted for 2026.
For MOL, the study will support its aim for net-zero greenhouse gas (GHG) emissions by 2050. The MOL Group will not only reduce GHG emissions from its operated vessels but also contribute to reducing GHG emissions generated by society and realizing a low-carbon society by taking a proactive approach to building supply chains for cleaner energy resources.
