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Shearman & Sterling’s Etienne Gelencsér discusses Japanese interest in Southeast Asian hydrogen projects with Hydrogen Economist
Etienne observed that Japanese firms are looking particularly at Malaysia and Indonesia which have the potential to be large-scale hydrogen producers. “Japanese firms have established relationships with key developers and local participants in the region as a result of existing long-standing investments in LNG and other traditional hydrocarbons,” Etienne said.
To meet Japan’s carbon reduction goals, Etienne explained that Japanese firms are seeking upstream projects that can ultimately provide a stable supply of low-carbon hydrogen at relative cost. “Southeast Asia is an attractive investment primarily due to its proximity to Japan – this proximity helps to reduce the overall cost of, and emissions resulting from, transporting hydrogen to Japan,” Etienne told Hydrogen Economist.
Read “Japan targets Southeast Asia’s hydrogen potential”
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