MOL joins international e-methane alliance e-NG coalition
- Aiming to decarbonize energy and transport
Mitsui O.S.K. Lines Ltd. has announced that on March 1, 2025, it joined the e-NG Coalition (Note 1), an international alliance that aims to accelerate the development and use of e-methane (Note 2), which is synthesized from carbon dioxide (CO2) and hydrogen.
With the addition of MOL, the total number of participating companies of this alliance has increased to 20. Through its participation in the alliance, MOL will establish a stable international supply chain for next-generation fuels and accelerate its initiatives to reduce the environmental impact of the shipping industry.
The e-NG Coalition aims to achieve a carbon-neutral society through the practical application of e-methane by promoting the development of appropriate assessment criteria and systems for environmental values and strengthening collaboration among companies involved throughout the value chain. E-methane is attracting attention as a next-generation fuel with low environmental impact that can be used in existing LNG-fueled vessels.
The MOL Group has positioned environmental strategy as one of its key strategies in the BLUE ACTION 2035 management plan, and has set the target of achieving net zero emissions by 2050 in the "MOL Group Environmental Vision 2.2." In addition, using carbon-neutral e-methane as marine fuel, the group will contribute to the broader use of e-methane and the establishment of a value chain by developing a synthetic fuel supply chain, backed by its extensive know-how in LNG transport, accumulated over the past four decades, as well as expertise in ocean transport of liquefied CO2.
(Note 1) e-methane: e-methane is a synthetic methane produced from CO2 and hydrogen, and is expected to be adopted on a global scale as a sustainable and realistic approach to carbon neutrality that can be used with currently available LNG infrastructure.
(Note 2) E-NG: Stands for electric natural gas. Another name for e-methane in Europe and the U.S.
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