Asia/Pacific News
MOL Becomes 20th Member to Join Global Synthetic LNG Coalition
Japanese shipping firm Mitsui OSK Lines (MOL) has joined the global coalition to promote the use of synthetic LNG (e-methane) in shipping.
Through this partnership, MOL aims to build a stable global supply chain for next-generation fuels and accelerate efforts to reduce the shipping industry's environmental impact, it said in a statement on its website on Monday.
The e-NG Coalition, established in October 2024, includes notable members such as Samsung E&A, Shell, and others. MOL has now joined as the 20th member of the coalition.
E-methane is produced by using renewable electricity to generate hydrogen through electrolysis, which is then combined with CO2, usually captured from industrial processes, to create e-methane.
In contrast to fossil LNG, which is extracted from natural gas and produces higher net GHG emissions during both production and combustion, e-methane offers a cleaner alternative.
It can be used as a drop-in fuel in dual-fuel LNG ships, providing a more sustainable option for shipowners.
The coalition aims to promote e-methane trading and advocate for policy measures that encourage the wider adoption of e-methane.