Woodside inks Tasmania hydrogen deals

Australian LNG firm Woodside Energy said Thursday it signed a memorandum of understanding with Tasmania to develop hydrogen projects in the island state.

The memorandum outlines the Tasmanian government’s support for the proposed H2TAS project, a renewable hydrogen production facility at Bell Bay that capitalises on the state’s advantage in green energy, Woodside said.

In parallel, Woodside has executed a non-binding term sheet with Tasmanian natural gas retailer Tas Gas to develop a framework for blending and for the potential associated sale of green hydrogen into the Tasmanian gas network.

Woodside CEO Peter Coleman said the agreement highlighted the Tasmanian government’s commitment to becoming a leader in large-scale renewable hydrogen production, decarbonising the challenging sectors in the Australian state’s economy.

“Woodside shares the Tasmanian government’s net-zero aspiration and welcomes the government’s leadership in supporting the growth of a domestic hydrogen industry. The government has taken concrete actions such as creating the Tasmanian renewable hydrogen action plan, establishing the Tasmanian renewable hydrogen fund and signing this MOU, ” he said.

According to the CEO, Woodside will work beyond feasibility studies. The firm is targeting hydrogen production at H2TAS in the first half of 2023, following a targeted final investment decision in the third quarter of 2021.

In addition, the term sheet with Tas Gas marks “another significant milestone” for H2TAS, the only Tasmanian project among seven shortlisted in the Australian Renewable Energy Agency’s $70 million renewable hydrogen deployment funding round.

Tas Gas CEO Phaedra Deckart said Tas Gas is committed to helping reduce emissions through exploring the use of green gases such as hydrogen.

“Our networks are relatively new and capable of safely conveying hydrogen, unlike older systems across Australia,” she said.  

Most Popular

Venture Global kicks off CP2 LNG site work

US LNG exporter Venture Global said it had initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG.

Purus orders LNG carrier in South Korea

London-based Purus Marine has ordered one 180,000-cbm liquefied natural gas (LNG) carrier in South Korea.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

More News Like This

Woodside gets OK for NWS extension project

Australian LNG player Woodside and its partners in the North West Shelf joint venture have secured environmental approval from the Australian government for the North West Shelf project extension.

Woodside to raise $3.5 billion via US bonds

Australian LNG player Woodside has priced $3.5 billion of senior unsecured bonds in the US market.

Woodside’s Louisiana LNG seeks FERC extension

Woodside is seeking an additional eight-month extension from the US FERC to complete and put into service its Louisiana LNG export facility.

Aramco plans to join Woodside’s Louisiana LNG project

Saudi Arabia’s energy behemoth Aramco plans to take a stake in Woodside's Louisiana LNG export project.