Japan trade mission: a great success for CQ-H2 project

23 June 2022

Deputy Premier Steven Miles joined Stanwell CEO Michael O’Rourke and other members of the Stanwell team on a trade mission to Japan last week.

During the visit, the Deputy Premier and Stanwell met with key Japanese government agencies, project consortium partners and potential offtakers for the proposed CQ-H2 renewable hydrogen project.

General Manager New Energy Projects, Phil Richardson, said he was thrilled at the positive support the CQ-H2 project received from all stakeholders.

“There’s a strong push from all involved, including the Queensland Government, for this project to progress as quickly as possible,” Phil said.

“Japan has ambitious targets to be entirely carbon neutral by 2050 and it has identified hydrogen as being critical to helping them achieve this target.

“The CQ-H2 project is considered an important project to helping Japan achieve its decarbonisation objectives.”

Phil said the CQ-H2 project team had commenced a Bridging Phase to continue progressing critical technical and regulatory approval activities in the lead up to the FEED stage commencing in August 2022.

The 12-month FEED study will further develop the technical, commercial and strategic elements of the project to allow for a Final Investment Decision to be made in late-2023.