Six global energy companies- TotalEnergies, TES, Osaka Gas((TYO:9532), Toho Gas(TYO:9533), and ITOCHU(TYO:8001) -have formed a consortium to develop the Live Oak e-NG (electric natural gas) production facility in Nebraska, USA.
The Japanese partners collectively hold a 33.3% stake, while TotalEnergies and TES each retain 33.35%, according to a statement on Tuesday.
The project, currently advancing to the FEED phase, aims for an annual production capacity of 75,000 tons using 250 MW of electrolysis.
Targeting a final investment decision in 2027 and commercial operations by 2030, the e-NG will be primarily exported to Japan.
Osaka Gas and Toho Gas will be the key off-takers, supporting Japan's goal of blending 1% carbon-neutral gas into its grid by 2030.
The synthetic gas, chemically identical to conventional natural gas, can utilize existing LNG infrastructure, offering a seamless decarbonization pathway.