Singaporean conglomerate, Keppel Infrastructure1 and ExxonMobil Asia Pacific have announced the signing of a memorandum of understanding (MoU) to develop access to low-carbon hydrogen and ammonia for scalable commercial and industrial applications in Singapore.
The MoU follows the Singapore government’s launch of its National Hydrogen Strategy in October 2022, which expects hydrogen to meet up to half of Singapore’s power needs by 2050.
Cindy Lim, CEO of Keppel Infrastructure, says: ‘Deep decarbonisation of power generation and major industries is a key impetus for countries seeking pathways to net zero emissions. Globally, clean hydrogen is one of the most effective decarbonisation strategies, especially for hard-to-abate sectors, like maritime and petrochemical. As a forerunner in the energy space, Keppel is pleased to work with ExxonMobil to accelerate the end-to-end development and deployment of ammonia to support industries and Singapore’s sustainability goals.’
‘ExxonMobil is pleased to work with Keppel to evaluate low-carbon solutions as part of our goal to reduce our emissions and help others reduce theirs. This is an example of how we can provide critical, scalable solutions to reduce CO2 emissions in support of our company’s and Singapore’s net-zero ambitions,’ adds ExxonMobil’s Asia Pacific president for low carbon solutions, Irtiza Sayyed.
