Page 5 - DMEA Week 03 2021

DMEA COMMENTARY DMEA

by ADNOC’s Al-Jaber and METI Minister Hiro- to around 10% of Japan’s baseload demand. A
shi Kajiyama during the UAE’s virtual business month later, Japan’s Prime Minister set a target
trip to Japan. for carbon neutrality of 2050 and Tokyo recently
The announcement follows comments made formalised its Green Growth Strategy for 2050
a week earlier by METI director general of oil, Carbon Neutral.
gas and mineral resources Ryo Minami that
Japan is planning to develop a supply chain of Capabilities
blue ammonia produced from natural gas “pos- At present, the state oil firm produces around
sibly” in the Middle East by the late 2020s. 300,000 tonnes per year of hydrogen, noting via
Meanwhile, Jaber said the agreement was social media that it would “place special empha-
“another significant development for the UAE sis on blue hydrogen as a major natural gas
as we continue to explore the potential of new producer and look to expand its total hydrogen
fuels that can help us produce more energy with capacity to more than 500,000 tpy”.
fewer emissions”. Meanwhile, Mubadala is expected to leverage
He added: “Japan is ADNOC’s largest Abu Dhabi Future Energy Co. (Masdar) “and its
international importer of oil and gas prod- extensive network of international technology
ucts with approximately 25% of its crude oil and investment partners and other relation-
imported from the UAE and we continue to ships”. Separately, Masdar came to terms with
welcome new and existing Japanese part- Siemens Energy to develop a facility at Masdar
ners to explore win-win investment and City to produce green hydrogen. The German
growth opportunities in the UAE and across company is currently involved a green hydro-
ADNOC’s full value chain as we focus on the gen mobility project alongside Dubai Electric-
post-Covid recovery.” ity and Water Authority (DEWA) for display at
With the announcement, ADNOC becomes the delayed Expo 2020 which will power fuel
the second Gulf national oil company to explore cell vehicles with hydrogen generated through
fuel ammonia and circular carbon opportu- electrolysis from the Mohammed bin Rashid Al
nities with Japan following the inaugural ship- Maktoum Solar Park.
ment of blue ammonia from a pilot project For its part, ADQ said it would leverage its
between Saudi Aramco, Saudi Basic Industries portfolio companies including Abu Dhabi Ports,
Corp. (SABIC) and Japan’s Institute of Energy Abu Dhabi Airports, Etihad Rail, Etihad Steel,
Economics (IEEJ). The September cargo which Abu Dhabi National Energy Co. (TAQA) and
saw a 40-tonne consignment of ‘blue’ ammo- Emirates Nuclear Energy Corp. (ENEC) to sup-
nia shipped to Japan for use in clean power port the alliance’s goals.
generation. As more countries invest in the hydrogen
The IEEJ anticipates that the Saudi Arabia and revolution, the UAE, Abu Dhabi in particular, is
the UAE, alongside Australia and the US will be positioning itself to be at the heart of this new
Japan’s key suppliers, providing more than 30mn industry, in terms of investment, innovation and
tonnes per year of ammonia by 2040, catering geography. ™

Week 03 21•January•2021 www. NEWSBASE .com P5