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As part of its carbon neutral strategy, PERU LNG will conduct a feasibility study with Osaka Gas and Marubeni for a methanation project in Peru.

Syngas is methane obtained from a process called methanization. The methanization process converts CO2 from captured emissions and green hydrogen (produced from water electrolysis and renewable energy) into Syngas. Through this joint feasibility study, the three companies will analyze possible sources of CO2, renewable energy supply, water electrolysis technology for green hydrogen production, as well as methanization technology, among other topics.

PERU LNG, the company that operates the first Natural Gas Processing Plant in South America, has reached an agreement with the Japanese companies Osaka Gas Co. (Osaka Gas) and Marubeni Corporation (Marubeni) to conduct a joint feasibility study to evaluate the production of synthetic methane (Syngas) in Peru and the sale of this Syngas to potential markets including Peru and Japan.

PERU LNG is excited to participate in the evaluation of this opportunity, as Syngas can contribute to achieving carbon neutrality in the gas industry, considering that Syngas production requires CO2 normally recovered from emissions currently discharged into the atmosphere. As an example, the Japanese government has already included a target of injecting more than 1% Syngas into Japanese pipelines by 2030 and increasing this target to 90% by 2050.

Syngas project outline

About Osaka Gas

Name           :           Osaka Gas Co., Ltd.

President       :           Masataka Fujiwara

Central Office:           4-1-2 Hiranomachi, Chuo-ku, Osaka 541-0046, Japan

Foundation       :           April 10th of 1987

Web Page    :           https://www.osakagas.co.jp/en/

Acerca de Marubeni Corporation

Name           :           Marubeni Corporation

President       :           Masumi Kakinoki, President and CEO

Central Office:           4-2 Ohtemachi 1-chome, Chiyoda-ku, Tokyo, Japan

Foundation       :           December, 1949

Web Page    :           https://www.marubeni.com/en/