0Initiatives for Establishment of Fuel Ammonia Supply Chain
Mitsubishi Corporation
September 29th 2023

Mitsubishi Corporation’s Approach to EX (Energy Transformation)• Mitsubishi Corporation (MC) announced its target to achieve net-zero GHG emissions by 2050 through its “Roadmap to aCarbon Neutral Society” released in October 2021.
• MC also announced its 3-year (FY2022-FY2024) investment plan of approximately 1.2 trillion yen in EX-related areas,
including hydrogen and ammonia, through its “Midterm Corporate Strategy” released in May 2022.
• To promote our EX-related initiatives, MC has formed a new Business Group – The “Next-Generation Energy Business Group”
starting from April 2023.

1Next-Generation Energy Business Group (April 2023~)• The Next-Generation Energy Business Group consists of 8 business units, and covers areas including Hydrogen, Fuel Ammonia,
SAF and CCUS.
CEOSEVP
Energy Transformation

Next-Generation Energy Business Group
Masaru Saito, EVP, Head of Group
Yuji Toshima, VP, Deputy Head of Group
Takao Hariya, Head of Next-Generation Fuels & Petroleum Business Div

LPG &Petroleum
FeedstockBusinessDept• LPG• Crude Oil••

CondensateNaphtha,
Bio naphtha

New Power
GenerationFuels
Business Dept
• Fuel ammonia• Wood Pellet

Biofuel &E-fuelBusiness
Dept•
•••
•

SAF
CCU methanol
Bio ethanol
Bio charTerminalbusiness

10 Business Groups
Industry DX Group
Corporate Staff Section etc.

Assistant office to Group

RefineryBusiness
Dept

Hydrogen
Infrastructure
Development
Dept• Refinery• Hydrogenbusiness
supply chain• Petroleum
development
product(H2 carrier etc)
• Petroleum retails
EX/DX• Low-carbon fuelbusiness in US

Hydrogen
Business
DevelopmentOffice••••Blue hydrogen •e-methaneCCS•
Green hydrogen••CarbonManagementOfficeNewTechnologyOffice

Carbon Credit
development
Credit sales &marketing
CCUEX consulting• Investment inhydrogen
relatedtechnologies• Decarbonization
Funds(BreakthroughEnergy Catalystetc.)2

Mitsubishi Corporation’s Initiatives (Supply Side)• MC is leveraging its accumulated experience in constructing energy supply chains and its knowledge of ammonia to developammonia fuel businesses around the world.
• To meet Japan’s requirements for Fuel Ammonia starting towards the latter half of this decade, MC is developing clean ammonia
projects in the US. The Lake Charles project will potentially meet the early requirements and the Corpus Christi project will
potentially supply the larger demand as the clean ammonia market develops.

JapanEurope
Potential supply to Europe

Establishment of a "Council for
utilizing Namikata Terminal as animport hub for introducing FuelAmmonia"

Lake Charles, US
Execution of MOU with Proman tostudy a potential clean ammonia
production project in Lake Charles.

Potential supply to Europe

Middle East & India
Potential supply and demand ofclean ammonia
Indonesia
Joint CCS feasibility study near PAU’sammonia plant in Luwuk, Indonesia

Copyright © 2020 Mitsubishi CorporationCorpus Christi, US
Execution of JSA with RWE and Lotte
Chemical to develop a clean ammonia
project in Port of Corpus Christi.

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Mitsubishi Corporation’s Initiatives (Demand Side)• MC is also studying to potentially convert Namikata Terminal into an ammonia import hub. Together with leading companies
from various industries, MC is part of a “Council for utilizing Namikata Terminal as a hub for introducing Fuel Ammonia”.
• MC envisions to bring clean ammonia from its supply portfolio (such as Lake Charles and Corpus Christi) to Namikata Termnial
for distribution to regional demand areas.

Lake Charles

Namikata Terminal
Establishment of a "Council for utilizing Namikata
Terminal as a Hub for introducing Fuel Ammonia"<Participants>
Shikoku Electric Power Company
Sumitomo Chemical Company
Taiyo Oil Company
Taiyo Nippon Sanso Company
Mazda Motor Corporation
Mitsubishi Corporation
Mitsubishi Corporation Clean Energy

Gulf of Mexico

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