In Hong Kong, The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) Limited, and Sinopec Star Company Limited (Sinopec Star) have signed a memorandum of understanding to establish a strategic partnership.
The three parties will collaborate extensively on clean energy solutions, including hydrogen, green methanol and sustainable aviation fuel.
Under the memorandum, the partnership will span key areas including hydrogen business development, hydrogen refueling station construction, liquid hydrogen storage and transport technology, hydrogen charging stations, green methanol shipping applications, and SAF development. The parties will also explore establishing a joint venture aimed at pooling resources, accelerating hydrogen project delivery, improving Hong Kong’s hydrogen infrastructure, and building a competitive industrial ecosystem.
Peter Wong Wai-yee, Managing Director of Towngas, said: “Towngas operates an underground gas network spanning 3,700 kilometers across Hong Kong, giving us ready access to local hydrogen sources. Combined with our years of experience handling hydrogen-rich town gas safely and rigorously, this partnership should help drive the hydrogen economy forward, particularly practical applications in green transport and on-site hydrogen power generation.”
Looking ahead, the three companies will use this memorandum as a springboard to comprehensively deepen practical cooperation in hydrogen and green fuels, Towngas said.
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