Future Energy Exports CRC Limited (“FEnEx CRC”), JX Nippon Oil & Gas Exploration Corporation (“JX NOEX”), Low Emission Technology Australia (“LETA”), Mitsui O.S.K. Lines, Ltd. (“MOL”), and Osaka Gas Co., Ltd. (“Osaka Gas”) have executed a Project Agreement for the “LP Technology R&D Project” to conduct research and development to demonstrate the technical feasibility and operability of low-pressure and low temperature solutions for the bulk transport of CO2 by ships.
The LP Technology R&D...