Osaka Gas Co., Ltd. (Osaka Gas) and Shell Eastern Petroleum (Pte.) Limited (Shell) have signed a non-binding memorandum of understanding to investigate a wide range of decarbonization solutions, including methanation1, hydrogen, bio methane, and carbon dioxide (CO2) capture, utilization, and storage. In addition, Osaka Gas has agreed to collaborate on a tripartite methanation study with Shell and Tokyo Gas Co., Ltd. (Tokyo Gas).
The agreement between Shell and Osaka Gas includes assessing the potential of clean hydrogen2, clean ammonia2, and bio methane, as well as CO2 capture, utilization, and storage, both domestically and internationally. The three-party collaboration with Shell and Tokyo Gas will explore the possibilities of synthetic methane (syngas) as a decarbonization solution.
Under the Carbon Neutral Vision announced in January 2021, the Daigas Group aims to fulfill its net zero target by 2050 with solutions for carbon neutrality, such as methanation- based syngas and increased renewable energy in its power portfolio. As a milestone toward the 2050 goal, the Group has set a target for 2030 of achieving 1%3 syngas in the gas network.