TOKYO (Reuters) – Mitsubishi Corp said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG).
e-NG is a synthetic gas produced from renewable hydrogen and carbon dioxide (CO2) and can be transported and stored utilizing existing infrastructures, Mitsubishi said in a statement, adding that the companies believe e-NG has a role to play to accelerate the energy transition towards a net-zero carbon future.
With an aim to contribute to a fight against climate change, Mitsubishi and its partners plan to accelerate the development of e-NG in a reliable, affordable and sustainable way, the Japanese trading house said.
Mitsubishi's other partners are France's Engie, US-based Sempra Infrastructure, Belgium's TES, and Japan's Osaka Gas and Toho Gas. They plan to create the group, called "e-NG Coalition", in the first half of the year.