Agreement to Begin Evaluating Development of a Clean Hydrogen Supply Chain Between UAE and Japan

The three companies Abu Dhabi National Oil Company (ADNOC) of the United Arab Emirates (“UAE”), ENEOS Corporation (“ENEOS”, President: Saito Takeshi), and Mitsui & Co., Ltd. (“Mitsui”, President and CEO: Kenichi Hori), have formed a Joint Study Agreement to begin evaluating the development of a clean hydrogen supply chain between UAE and Japan.

The project aims to be developed in two phases, with first phase utilizing by-product hydrogen from ADNOC’s system in Ruwais Industrial Area in Abu Dhabi, while Phase 2 envisages greenfield blue hydrogen*1 production from natural gas.

The hydrogen will be transformed to methylcyclohexane (“MCH”)*2, an efficient form of hydrogen transport vector to export to Japan.

The three companies will conduct technical and engineering verification of a hydrogen production facility with a capacity of 50,000 tons per year, and a feasibility study on the potential to expand this facility to commercial production of 200,000 tons per year.

The three companies aim to establish a stable and economically viable supply chain of clean hydrogen, leveraging their respective assets as well as their accumulated technologies and knowledge to achieve carbon neutrality.