A hydrogen facility producing up to 1 billion cubic feet per day of blue hydrogen.

The carbon capture infrastructure for this project would have the capacity to transport and store up to 10 million metric tons of CO2 per year, more than doubling ExxonMobil’s current capacity.

Using hydrogen as a fuel at the Baytown olefins plant could reduce the integrated complex’s Scope 1 and 2 CO2 emissions by up to 30%.

Access to surplus hydrogen and CO2 storage capacity would be made available to nearby industries.

A final investment decision for the project is expected by 2024, subject to stakeholder support, regulatory permitting, and market conditions.

In March 2024, JERA reached a Project Framework Agreement with ExxonMobil to jointly explore the development of the project.

In June 2024, ExxonMobil added Air Liquide to the project. Air Liquide will transport the hydrogen through its existing pipeline network and build and operate four Large Modular Air separation units (LMAs) to supply 9,000 metric tons of oxygen and up to 6,500 metric tons of nitrogen daily to the facility. Air Liquide will invest up to $850m.

In September 2024, Abu Dhabi National Oil Company (ADNOC) agreed to acquire a 35% equity stake in the project. Also in September, Exxon Mobil signed a Project Framework Agreement with Mitsubishi Corporation to discuss Mitsubishi’s participation in the facility through ammonia offtake and equity participation.