Aramco, ENEOS sign three-way MOU on e-synthetic fuel

Synthetic fuel (e-fuel) is a liquid fuel produced by synthesizing hydrogen derived from renewable energy and captured CO₂. It is attracting attention, as these fuels have significant potential to reduce greenhouse gas emissions from the transport sector. It is expected to be an early lower-carbon solution because it could possibly be distributed using existing infrastructure such as storage tanks and pipelines, and has the potential to be used without modifying the engines of automobiles, ships, and aircraft.

Toward the early social implementation of synthetic fuels, Idemitsu is studying the procurement of synthetic fuels from overseas projects as well as their practical application and diffusion in Japan. We are also studying the production of synthetic fuels at our group refineries and offices in Japan, aiming to establish a production and supply system for synthetic fuels by the late 2020s.

Through this MOU, Aramco and ENEOS, which have supported Japan's energy security through reliable oil supply, as well as our company, aim to leverage their respective technologies and expertise in liquid fuels and internal combustion engines with the goal of accelerating the introduction of synthetic fuels, a potential next-generation low-carbon fuel. 

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