ENEOS, JERA, and JFE Holdings to Begin Joint Study of a Hydrogen andAmmonia Supply Collaboration Based at the Keihin Waterfront Area
TOKYO – 21 April 2022 – ENEOS Corporation (“ENEOS”), JERA Co., Inc.
(“JERA”), and JFE Holdings, Inc. (“JFE”) have concluded a memorandum ofunderstanding and begun to discuss in detail the possibility of establishing ahydrogen and ammonia receiving and supply base, and developing a supply
project at the Keihin Waterfront Area in Kanagawa Prefecture.
Technological development is underway for the practical use of hydrogen andammonia as next-generation clean fuels that do not emit CO2 during combustion.
Given an assumption of large-scale consumption of hydrogen and ammonia at
power plants and industrial areas, it is essential to develop large-scale receiving
and supply bases near high-demand areas.
At the Keihin Waterfront Area, located in the center of the Kanto region whereenergy demand is large, ENEOS owns refineries and a plant, JERA owns thermal
power plants and an LNG receiving terminal, and main business area of bothcompanies is an energy supply. In addition, JFE is working with Kawasaki City todevise options for repurposing land at the company’s East Japan Works, whereblast furnace and other facility operations will be suspended, and also deep-water
wharves capable of docking large ships on Ogishima island and adjacent inland
areas.
The three companies have decided to consider utilizing their businessfoundations in this area to collaborate on the following aspects of the hydrogenand ammonia supply business:
 Establishment of a hydrogen and ammonia receiving and supply base
 Development of a hydrogen and ammonia supply network
 Considering hydrogen and ammonia suppliers, transportation carriers, andtransportation methods
One of the ENEOS Group’s envisioned goals stated in its Long-Term Vision to2040 is to contribute to the development of a low-carbon, recycling-orientedsociety and ENEOS Group are working to achieve this vision. Among hydrogenand ammonia, ENEOS is accelerating our efforts with a particular focus on themass consumption of hydrogen. In anticipation of a hydrogen-oriented society,ENEOS is striving to develop a CO2-free hydrogen supply chain in Japan andoverseas, in addition to operating hydrogen stations for FCVs in Japan. In thisstudy, ENEOS will consider the establishment of a base for receiving CO2-freehydrogen produced outside Japan and for supplying large-scale hydrogencustomers in the vicinity.
Under its “JERA Zero CO2 Emissions 2050” objective, JERA has been working toreduce CO2 emissions from its domestic and overseas businesses to zero by
2050, to promote the adoption of greener fuels, and to pursue thermal power that
does not emit CO2 during power generation. JERA will continue to contribute toenergy industry decarbonization through its own proactive efforts to develop
decarbonization technologies while ensuring economic rationality.
JFE has been striving to reduce its own CO2 emissions as well as throughout
society based on the JFE Group Environmental Management Vision 2050, which
is targeting a carbon-neutral JFE by 2050. In the Keihin Waterfront Area, JFE will
spearhead efforts to establish a supply chain for decarbonized fuels such ashydrogen and ammonia by repurposing land that is part of JFE Steel's East Japan
Works on Ogishima island. Through these and related initiatives, JFE hopes toplay a leading role in realizing a zero-carbon metropolitan Tokyo.
The three companies will contribute to the establishment of a stable andeconomical supply chain for decarbonized fuels to achieve carbon neutrality byutilizing their accumulated technologies, knowledge, and assets.

Keihin Waterfront Area (courtesy of Kawasaki City)
For more information about this release, please contact:
Investor Relations and Corporate Communications Department, JFE Holdings, Inc.: Tel: +81-3-3597-3842