Australia’s Woodside Energy, Japan Suiso Energy (JSE), and Korea Electric Power Corporation (KEPCO) join forces to develop a new liquid hydrogen supply chain linking Australia to Japan. The companies have signed a MoU (Sept 25, 2025), with the partnership centering on Woodside’s H2Perth project in Western Australia.
Woodside, JSE, KEPCO, Australia-Japan Liquid Hydrogen Deal Factsheet
Partners: Woodside Energy, Japan Suiso Energy, KEPCO
Project: Liquid Hydrogen Supply Chain Development
Location: Perth, Western Australia to Japan import terminals
Facility: H2Perth hydrogen production hub
Capacity: Up to 100 tonnes of liquid hydrogen/day (Phase 1)
Investment: A$1 billion (US$660 million) committed by Woodside to the H2Perth Project
MoU Signed: 25 Sept, 2025
Overview of the Woodside, JSE, KEPCO Australia-Japan Liquid Hydrogen Deal Centered on the H2Perth Project
The H2Perth project is a proposed large-scale hydrogen and ammonia production facility in Kwinana, Western Australia, being developed by Woodside Energy. It lies in the Rockingham Industry Zone (RIZ), south of Perth. The facility is designed to produce up to 100 tonnes per day of liquid hydrogen in its initial stage. As per the Woodside-JSE-KEPCO deal, hydrogen will be liquefied on site, shipped to Japan, and received at JSE and KEPCO import terminals. The aim is to create a scalable supply chain for Japan’s growing hydrogen market, which is seeking secure, long-term imports for transport, power, and industrial use.
Woodside has also already committed more than A$1 billion (US$660 million) to develop H2Perth. The project uses natural gas as a feedstock, and also has plans to include carbon capture and offset technologies to help reduce its emissions.
The north of Perth also expects to start construction on the t in 2026 after developer, Copenhagen Infrastructure Partners (CIP), secured AUD 814 million in funds in March 2025. Completion of the 2-phased hydrogen project in Western Australia is expected by 2031.
Importance of Woodside’s Australia-Japan Liquid Hydrogen Deal
The Woodside-JSE-KEPCO hydrogen deal reinforces Japan’s 2030 energy transition goals, where hydrogen plays a central role in decarbonization.
Additionally, KEPCO is also aiming to diversify its supply portfolio to include hydrogen alongside LNG and renewables.
For Australian gas and oil company, Woodside, the agreement builds on its push into new energy, complementing its traditional LNG export business. Woodside also recently signed a deal with BOTAS for nine-years LNG supply to the Turkish state energy utility with first deliveries expected in 2030.
H2Perth Project Factsheet
Developer/Operator: Woodside Energy
Location: Kwinana Industrial Area, Perth, Western Australia
Project Type: Large-scale hydrogen and ammonia production hub
Primary Products: Hydrogen and ammonia
Initial Capacity: 100 tonnes of liquid hydrogen/day (in Phase 1)
Expansion Plans: Scalable to produce up to 1,500 tonnes of hydrogen/day
Investment: A$1 billion (US$660 million) by Woodside
Feedstock Used: Primarily natural gas with carbon capture and offset strategies
Target Markets: Japan, South Korea, broader Asia-Pacific hydrogen importers
H2Perth Project Timeline
2021: Woodside announces intent to develop H2Perth hydrogen and ammonia project
2022: Initial design studies and site selection completed in Kwinana
2023: Environmental approvals forwarded to Western Australian government
2024: FEED (Front-End Engineering Design) work
2025 Sept: Woodside signs MoU with Japan Suiso Energy (JSE) and KEPCO for liquid hydrogen supply chain development
2026-2030:
- Planned Final Investment Decision (FID) for initial phase
- Construction of Phase 1 hydrogen production facilities
- Initial exports
