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jera-evaluates-buying-stake-in-exxonmobils-baytown-low-carbon-hydrogen-project
© JERA / ExxonMobil
jera-evaluates-buying-stake-in-exxonmobils-baytown-low-carbon-hydrogen-project
© JERA / ExxonMobil

JERA evaluates buying stake in ExxonMobil’s Baytown low-carbon hydrogen project

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Power generation company JERA is looking to buy into ExxonMobil’s 900,000 tonnes per annum low-carbon hydrogen production project at its Baytown Complex in Texas.

ExxonMobil has signed a project framework agreement with JERA to explore partnership opportunities related to the major blue hydrogen production site, which is slated for start-up in 2028.

In addition to considering its ownership participation in the project, JERA is also looking to secure around 500,000 tonnes of low-carbon ammonia annually from the site for end-user markets in Japan.

ExxonMobil has said the project will produce more than one million tonnes of ammonia per annum in total, meaning JERA will offtake approximately half of the total production.

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