Page 10 - AsiaElec Week 15 2022
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AsiaElec METHANOL AsiaElec
Six companies partner on
Singapore green e-methanol
project
SINGAPORE SIX companies have formed a partnership that [GHG] emissions”. The companies are consider-
will aim to establish the first green e-methanol ing green e-methanol as a potential alternative
plant in Asia. The companies – Thailand’s PTT fuel that could help meet 2030 and 2050 goals
Exploration and Production (PTTEP), Air Liq- set by the International Maritime Organization
uide, YTL PowerSeraya, Oiltanking Asia Pacific, (IMO).
Kenoil Marine Services and AP Moller-Maersk PTTEP noted that Singapore is a major mar-
– have signed a memorandum of understand- itime bunkering hub, and the companies believe
ing (MoU) on green methanol value chain it thus represents an ideal location for projects
collaboration. focused on alternative shipping fuels.
Under the MoU, the partners will explore the Some of the companies involved are already
feasibility of establishing a green e-methanol working on green e-methanol initiatives. For
pilot plant with a minimum capacity of 50,000 example, Maersk said in August 2021 that it had
tonnes per year (tpy). The plant would be located secured partners for the production of green
in Singapore, and feasibility studies are due to be e-methanol in Denmark for its first vessel due to
completed by the end of 2022. If the plant is built, run on the fuel. Fuel production from that pro-
it would be the first of its kind in Southeast Asia. ject is due to start in 2023.
The proposed plant would convert captured Meanwhile, PTTEP had set itself a long-term
biogenic carbon dioxide (CO2) and green goal of net zero emissions by 2050 around a week
hydrogen produced from renewable electricity before it announced its participation in the green
into green e-methanol. PTTEP described green e-methanol partnership. The company will likely
e-methanol as a “low-carbon fuel that could be keen to demonstrate that it is taking the net-
enable a significant reduction in greenhouse gas zero commitment seriously.
TMK Energy discovers
gassy coal in Mongolia
MONGOLIA SYDNEY-LISTED TMK Energy has discovered funding a drilling campaign via a $4.65mn two-
44 m of gassy coal in the upper coalbed in the stage farm-out arrangement signed in February
first well of its Snow Leopard – 1 program, in of last year. The current four-well drilling and
the Nariin Sukhait area of Mongolia’s Gurvantes testing program has been awarded $1.5mn in
XXXV CBM project, Natural Gas World has initial funding.
reported. The project is located approximately 20 kilo-
Preliminary results are said to show that the metres from the Chinese-Mongolian border, as
coalbed has a significant gas concentration and well as near the northern China gas transmission
a high gas saturation. and distribution network.
Talon Energy, TMK’s joint venture partner, is
P10 www. NEWSBASE .com Week 15 13•April•2022
