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Our Global Hydrogen Industry Team | Shearman & Sterling

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5 WE HAVE AD VIS E D O N ALL AS P E CTS O F P RO J ECT HE LIOS , INCLUD ING SU P P LY CHAIN AND DISTRIBUTION • Numerous energy companies on hydrogen pipelines in Texas associated with the separation of hydrogen and CO 2 . • Brunei LNG on a joint venture with Chiyoda and Mitsubishi to establish the world's first international hydrogen supply chain business, transporting hydrogen at room temperature. • Anglo Platinum Marketing on a joint venture with Shell Oil, Toyota and Honda to develop hydrogen refueling stations in California. Fortescue Future Industries on the world's largest green hydrogen supply chain transaction, a joint venture with E.ON to supply up to 5 million tons of green hydrogen per year to Europe by 2030. APVentures, which was spun out of Anglo American, on investments in platinum-based hydrogen fuel cell technologies. Syntroleum on several projects to produce synthetic fuels by the Fischer-Tropsch process (converting hydrogen and CO 2 into liquid hydrocarbons) using natural gas, coal or biomass as feedstocks. Uniper on offtake from the Hyport Duqm Green Ammonia Project in Oman. The United States Department of Energy on the proposed loan guarantee to a subsidiary of Monolith Materials, Inc., a leader in clean energy and chemical production, for the development and construction of the country's first large scale carbon-free ammonia plant, located in Nebraska. The plant will convert natural gas into carbon black and clean hydrogen, which will then be used to cleanly produce ammonia and other products. Total project costs are estimated to be $1.4 billion. The lenders on the $12.5 billion joint venture for the Jazan IGCC / ASU project, the largest grey hydrogen project in the world, which closed in October 2021.

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