In a 4-year partnership, PTT Global Chemical will collaborate with MHI to explore the feasibility of a large scale carbon neutral petrochemical complex in Thailand, powered by low-carbon hydrogen and ammonia-fueled gas turbines.
Mitsui OSK Lines, Mitsubishi, Chiyoda and the Electricity Generation Authority of Thailand will work together to build a clean hydrogen & ammonia value chain, with production based on renewable energy generation in southern Thailand. The MoU was signed on the sidelines of the official launch of the Asian Zero Emissions Community: a new region-wide initiative to drive the energy transition in Asia.
Ammonia co-firing trials will shortly commence in the Philippines, Thailand and Chile, with an initial focus on co-firing rates of 20-30% ammonia. Japanese energy giants JERA and Mitsubishi Heavy Industries continue to be significant players in the co-firing space.
Thailand’s state-owned oil & gas organisation PTT and Singapore-based AET Tankers have agreed to jointly develop two dual-fuel Aframax vessels, with the intention of powering them with ammonia fuel. AET will select a shipyard for construction, with the two vessels to be delivered to PTT for long-term charters by early 2026.
