Towngas and CIMC ENRIC to develop green methanol and hydrogen in Hong Kong

The Hong Kong and China Gas Company Limited (Towngas) on Wednesday (30 July) said it has signed a strategic partnership agreement with CIMC ENRIC Holdings Limited (CIMC ENRIC) to jointly develop green methanol and hydrogen energy, advancing Hong Kong’s green energy transition.

The partnership will strengthen collaboration in technical cooperation and engineering services for green methanol, as well as industry standards and carbon trading compliance. 

“As the first Chinese company to achieve both ISCC EU and ISCC PLUS international certifications for large-scale green methanol production, Towngas will leverage its comprehensive green methanol supply chain network, combined with CIMC Enric’s presence in the clean energy and maritime sectors, to explore new technological applications and promote green methanol adoption,” the company said.

“The collaboration will also harness Hong Kong’s position as an international hub to drive the green energy transition forward.”

Additionally, Towngas and CIMC ENRIC have signed a separate agreement to develop hydrogen energy projects and applications in Hong Kong. The partnership encompasses comprehensive cooperation across hydrogen extraction, purification, storage and utilisation. 

Approximately half of Towngas’s gas supply in Hong Kong comprises hydrogen, delivered through an extensive underground pipeline network spanning over 3,700 kilometres across the territory. Through this collaboration with CIMC ENRIC, both companies will develop advanced hydrogen extraction and storage technologies whilst expanding hydrogen applications in transport, electric vehicle charging infrastructure and other sectors.

Photo credit: Hong Kong and China Gas Company
Published: 1 August, 2025