In October 2023, ENEOS and HIF Global, a leading eFuels company, announced a cooperation agreement designed to encourage the sale of carbon neutral fuel in Japan. The agreement focuses on the supply of eFuels from HIF’s portfolio of developments in South America, USA and Australia to ENEOS, Japan’s largest petroleum refiner.
eFuels are made using electrolysers powered by renewable energy to separate hydrogen from oxygen in water. The green hydrogen is utilized together with recycled carbon dioxide to produce carbon-neutral eFuels, which are chemically equivalent to fuels used today and can be dropped-in to existing engines without any modification.
The cooperation agreement also extends to exploring the establishment of a carbon dioxide supply chain from Japan and potential development of production facilities in Japan for conversion of eMethanol from HIF’s plants to eGasoline or jet fuel.
