ExxonMobil has paused plans for its giant blue hydrogen production plant in Texas, US, according to new reports.
CEO Darren Woods reportedly told Reuters that the company has been struggling to secure sufficient offtake from the one billion cubic feet per day plant, which had been targeting start-up in 2027-2028.
Unveiled in 2022, the project was intended to be developed within Exxon’s Baytown refining and chemicals complex to produce hydrogen from natural gas while capturing a high share of carbon dioxide emissions.
Portions of the blue hydrogen are set to be converted into ammonia for international offtake markets. Last year, Japanese majors and said they were exploring deals for buy volumes.
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