Japan’s Mitsubishi is considering turning the Namikata terminal near Hiroshima into an import hub for ammonia fuel. This move aligns with Japan’s pursuit of ammonia as a crucial element in its shift into a net-zero economy. Also, the country is studying ammonia production from hydrogen and coal in a test project that it aims to expand nationally. This strategic move is intricately linked to Japan’s firm commitment to incorporating ammonia as a fundamental element in its overarching goal of transitioning towards a net-zero economy.
Furthermore, Mitsubishi partnered with Proman to explore a clean ammonia production project in Lake Charles, United States. If it succeeds, it could supply ammonia to Japan. The goal is to increase domestic ammonia consumption to 3 million metric tons annually by 2030. The success of this endeavor holds the promise of a significant ammonia supply source for Japan. In line with its aspirations, the company has set a formidable target to elevate domestic ammonia consumption to a substantial 3 million metric tons annually by the year 2030.
Mitsubishi is also investigating the conversion of the Namikata terminal to receive ammonia from potential projects in the United States. That includes Corpus Christi. The ultimate vision here is the establishment of an efficient and cost-effective ammonia import hub. It will also be equipped to accommodate large vessels without issue.
Lastly, Mitsubishi’s Corpus Christi project aims to start production in the near future. It could produce up to 10 million tons of clean ammonia yearly at full capacity. What’s more, the company plans to convert its existing LPG storage capacity at the Namikata terminal to ammonia tanks. This will allow the facility to handle approximately 1 million metric tons of ammonia per year by 2030.
To sum up, Mitsubishi’s multifaceted initiatives in the realm of ammonia hold the promise of significantly impacting Japan’s trajectory towards a net-zero economy.
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