Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.
The two Japanese firms have signed an agreement with SEDC Energy, a subsidiary of the Sarawak Economic Development Corp. set up by the Sarawak state. They will also consider establishing a special-purpose company with the Malaysian partner.
