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World's Biggest Low-Carbon Hydrogen Plant

Sector: Oil and Gas • Location: Baytown, Texas, United States

Source: Bloomberg

Project
Planned

Exxon Mobil Corp. plans to build the world's biggest low-carbon hydrogen plant in Baytown, Texas, producing 1 billion cubic feet of hydrogen per day and 1 million tons of ammonia per year from natural gas, with 98% of the associated carbon dioxide captured and buried underground. The project involves Abu Dhabi National Oil Co. taking a 35% stake and JERA Co. signing a non-binding agreement to buy

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Project Information

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The project “World's Biggest Low-Carbon Hydrogen Plant” is an infrastructure initiative in the Oil and Gas sector, located in Baytown, Texas, United States. Taiyo aggregates data on it from Bloomberg.

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Description

Description

Exxon Mobil Corp. plans to build the world's biggest low-carbon hydrogen plant in Baytown, Texas, producing 1 billion cubic feet of hydrogen per day and 1 million tons of ammonia per year from natural gas, with 98% of the associated carbon dioxide captured and buried underground. The project involves Abu Dhabi National Oil Co. taking a 35% stake and JERA Co. signing a non-binding agreement to buy half of the ammonia. The project could face delays due to curtailed incentives from the US tax bill.

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