Mitsui O.S.K. Lines, Ltd.
Memorandum of Understanding Concluded to Build Clean Hydrogen and Ammonia Value Chain in Thailand
-MOL, Electricity Generating Authority of Thailand, Mitsubishi Corporation (Thailand) and Chiyoda Corporation-
Lines, Ltd. (President: Tsuyoshi Hashimoto, Headquarters: Minato-ku, Tokyo, hereinafter referred to as “MOL”), Electricity Generating Authority of Thailand (Chairman: Mr. Kulit Sombatsiri, Headquarters: Baan Kluwai District, Thailand, hereinafter referred to as “EGAT”), Thailand Mitsubishi Corporation (President: Katsuichi Ogiwara; Location: Bangkok, Thailand; hereinafter referred to as “Mitsubishi Corporation (Thailand)”) and Chiyoda Corporation (Chairman and President: Masakazu Sakaki; Headquarters: Yokohama City, Kanagawa Prefecture; hereinafter referred to as “Chiyoda Corporation”) Construction”) and a memorandum of understanding (hereafter, “this memorandum”) on building a renewable energy-derived clean hydrogen and ammonia value chain in southern Thailand.
The signing ceremony for this memorandum was held at the Asia Zero Emissions Community (hereinafter “AZEC”) (Note 1) ministerial meeting held in Tokyo on March 4, 2023.
The memorandum of understanding stipulates that Mitsubishi
Corporation, Mitsubishi Corporation (Thailand), and Chiyoda
Corporation will work together on decarbonization projects for EGAT, Thailand’s leading state-owned power generation company, in order to achieve Thailand’s decarbonization goals. . Through joint studies, we aim to build a series of supply chains for producing, storing, transporting and using clean hydrogen and ammonia derived from renewable energy in southern Thailand, and supplying them to Thailand and overseas.
Thailand is positioned as an important country in the AZEC concept advocated by the Japanese government, and it is expected that the movement toward carbon neutrality will accelerate further in the future. Through this memorandum, we will study safe and efficient transportation means and methods for hydrogen and ammonia, mainly based on our extensive experience and knowledge related to resource and energy transportation. In addition, EGAT, a top player in the energy and power industry in Thailand, Mitsubishi Corporation (Thailand), which has extensive knowledge and extensive networks in Thailand, and Chiyoda Corporation, a comprehensive engineering company that undertakes projects around the world, will proceed with this study. , we will contribute to the development of the clean energy field in Thailand, and efforts to become carbon neutral in countries around the world. MOL Group Environmental Vision 2.1
(https://www.mol.co.jp/sustainability/environment/vision/pdf/mol_group_environmental_vision_2.1.pdf) We will promote the reduction of greenhouse gas emissions and contribute to the construction of clean energy supply chains, including ammonia and hydrogen.
(Note 1) AZEC is a community concept announced by Prime Minister Kishida in January 2022 with the aim of sharing the idea of
promoting decarbonization among Asian countries and cooperating to advance the energy transition.
Established in 1884 and headquartered in Tokyo, the leading company in the shipping industry. We operate a fleet of approximately 800 vessels that transport various goods such as resources, energy, raw materials, and products. In addition to the conventional shipping business, we also develop social infrastructure services such as real estate, terminals and logistics, offshore wind power generation, and related businesses.
A state-owned enterprise under the supervision of the Ministry of Energy and the Ministry of Finance of the Kingdom of Thailand that generates and acquires power, has a large number of direct customers to the Metropolitan Electricity Authority (MEA), the State Electricity Authority (PEA), as stipulated by law, and neighboring countries. Sell electricity.
About Mitsubishi Corporation (Thailand)
Local subsidiary of Mitsubishi Corporation in Thailand. In Thailand, we are cooperating with more than 80 investee companies in five fields: automobile value chain business, food business, domestic consumer market business, infrastructure business, metals, gas, petroleum and chemicals business. Expand.
About Chiyoda Corporation
Comprehensive engineering business (consulting, planning, design, procurement, construction, trial operation, maintenance, etc. for facilities such as gas, electric power, petroleum, petrochemicals, general chemicals, and pharmaceuticals, as well as facilities for pollution prevention, environmental improvement, conservation, disaster prevention, etc.) , development of oil, natural gas and other mineral resources, and investments and loans related to related businesses).
Details about this release:
Mitsui O.S.K. Lines, Ltd.