PTT Exploration and Production Public Company Limited or PTTEP with Air Liquide, YTL PowerSeraya Pte. Limited, Oiltanking Asia Pacific Pte. Ltd., and Kenoil Marine Service. (Kenoil Marine Services Pte Ltd) and AP Moller – Maersk A/S signed a memorandum of understanding. “Green Methanol Value Chain Collaboration” To jointly study opportunities and possibilities (Feasibility studies)
for the establishment of a green methanol factory which is one of the alternative fuels targeted by the International Maritime Organization (International Maritime Organization – IMO) year 2030/2050 that will help reduce carbon emissions concretely.
This collaboration will focus on Singapore’s shipping and shipping industry. Singapore is one of the world’s most important bunkering hubs. There are various infrastructures to support, including support from the Port Authority of Singapore. If the results of the study successful and the project is moving towards construction It can be called the first prototype green methanol plant in Southeast Asia. This will help drive the maritime industry to take advantage of alternative fuels.
However, such cooperation This reflects the shared vision of the 6 companies to help reduce greenhouse gas emissions. And this is an important step that will drive the industry to access and utilize green e methanol. by the green methanol production process this time Biogenic CO2 capture technology and green hydrogen production will be used. by using renewable energy to produce Initially, it was expected that the factory will have a capacity of at least 50,000 tons of green methanol per year
The six companies will jointly study the feasibility of establishing a prototype factory this time. both technically and commercially to be completed by 2022 if successful will be able to proceed with the construction of the factory according to the plan This will play an important role in promoting the industry to reduce greenhouse gas emissions as targeted.
