Inpex researches to improve the efficiency of LNG production value chain

Sinopec News Network, according to World Natural Gas Network on May 24, Japanese energy company INPEX today signed an agreement with the Future Energy Export Cooperative Research Center (FEnEx CRC) to study the efficiency of the LNG production value chain.

The two companies will research and develop new technologies to reduce the cost and carbon emissions of Australia's energy production.

The collaboration with FEnEx CRC involves research funding of 1.

Hitoshi Okawa, President of INPEX and Director of Australia, said: "We recently announced a new business development strategy, which includes a commitment to achieve net zero carbon emissions by 2050 and reduce Scope 1 and 2 emissions by 30% by 2030.

Headquartered in Western Australia, FEnEx CRC is a cooperative project between industry, government and research institutions.

Wu Henglei compiled from World Natural Gas

The original text is as follows:

Inpex to study LNG production value chain efficiency

Japanese energy company INPEX today signed an agreement with the Future Energy Exports Cooperative Research Centre (FEnEx CRC) to study efficiency of LNG production value chains.

The pair will research and develop new technologies that will lower the cost and carbon emissions of energy production in Australia.

The partnership with FEnEx CRC involves research funding of A$1.

INPEX president director Australia Hitoshi Okawa said, “We recently announced a new business development strategy which includes a commitment to net-zero carbon emissions by 2050 and reducing Scope 1 and 2 emissions by 30 per cent by 2030.

FEnEx CRC, which is headquartered in Western Australia, is a collaboration between industry, government and research institutions, and a project initiative facilitated by the Western Australian Government's LNG Jobs Taskforce.