The MoU will see the 2 parties go on a technical-commercial joint-study of a hydrogen supply chain which includes hydrogen production and its transportation in methylcyclohexane (MCH) form, converting hydrogen into a liquid from from its original gaseous form to be delivered in large volume.
Petronas CEO Adnan Zainal Abidin said:
- This partnership is a testament of how industry collaboration can help accelerate our shared aspiration towards a low carbon future
The collaboration stems from the companies' common aspiration of achieving net-zero carbon emissions.
Petronas is aiming for carbon neutrality by 2050, while Eneos has set its target for 2040.