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Woodside, Keppel to Study Hydrogen Supply to Singapore, Japan

The study, which is in line with the Singapore Green Plan, will go on until mid-2022, before the companies decide on their next move.


Woodside Energy expects LNG prices to remain high for several years.
The global LNG market was already tight before the war in Ukraine because of underinvestment over the past five years, Woodside CEO Meg O'Neill said. Photo: Reuters.

 

Woodside Petroleum is working with units of Keppel Corp and Osaka Gas Co to study a long-term supply of liquid hydrogen from Western Australia to Singapore and potentially Japan, the companies said on Wednesday.

The study, which is in line with the Singapore Green Plan, will go on until mid-2022, before the companies decide on their next move.

For Woodside, Singapore and Japan would be ideal export destinations for hydrogen from its planned H2Perth Hydrogen facility in Western Australia, while Keppel Data Centres said it is studying the use of hydrogen to power its data centres.

“It is important for us to work collaboratively with potential customers and end users such as Keppel Data Centres, Osaka Gas Singapore, City Energy and City-OG Gas Energy Services to collaboratively build out a sustainable hydrogen supply chain from our proposed H2Perth Project,” Woodside chief executive Meg O’Neill said in a statement.

City Energy, owned by Keppel Infrastructure Trust, said it would look into using hydrogen to help cut carbon emissions from its town gas manufacturing processes.

Osaka Gas, which has a partnership with City Energy in Singapore, said it would contribute its know-how from the LNG import business to help develop a hydrogen supply chain between Australia and Singapore.

 

  • Reuters with additional editing by Kevin Hamlin

 

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Kevin Hamlin

Kevin Hamlin is a financial journalist with extensive experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.

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