EPC Global Denmark and Jersey (EPCG) will produce and market cost competitive, low to ultra low carbon methanol for fuel and chemical feedstock. Production takes place on world scale floating units located at offshore gas fields, or nearshore gas supplies, integrating full carbon capture and permanent geological storage (CCS).
Low to ultra low carbon methanol is produced by reforming natural gas into low carbon hydrogen, releasing carbon upfront for permanent geological sequestration. Additional CO₂ from shipping (OCCS) or industry (IND CO₂) is also stored, offsetting end of life combustion and reducing lifecycle emissions of the produced methanol.
This structural advantage delivers lifecycle GHG reductions, verified by Lloyd’s Register, of ~20% to ~94%, according to customer preference, and underpins EPCG’s long term lifecycle performance. It is a decarbonisation pathway LNG, and other fossil fuels cannot practically access, as their production may remove incidental CO₂ but does not separate hydrogen or therefore create a low carbon fuel.
Permanent CO₂ sequestration in producing reservoirs provides proven long term containment integrity. Any reservoir pressure support or CO₂ enhanced gas recovery effects that may occur are incidental to storage first project design; emissions crediting is based solely on verified permanently stored CO₂ volumes.
EPCG methanol is aligned with global regulatory frameworks. It complies with the current IMO GHG framework under MARPOL Annex VI and is designed to remain compliant under all plausible IMO Net Zero Framework (NZF) outcomes from now through 2050. The 2024 Guidelines already allow credit for CO₂ captured onboard and permanently stored.
It is also aligned with regional frameworks. EPCG methanol is classified as a low carbon fuel (LCF) under the EU Delegated Regulation of 8 July 2025 and is compliant with FuelEU Maritime from now through 2050 due to the inclusion of shipping under the EU ETS from 2024. Fossil sourced CO₂ may be used until 2041, after which RFNBO, biofuel, or low carbon fuel CO₂ will be used as it becomes available.
EPCG methanol is one of the few fuels capable of complying under any plausible IMO NZF outcome, alongside bio and e fuels but at a fraction of their cost and at a scale neither can achieve. LNG complies under FEUM and the proposed IMO NZF only in the short term and cannot meet long term decarbonisation requirements.
EPCG methanol is also an ideal feedstock for Lower Carbon Aviation Fuel (LCAF) via methanol to jet synthesis. LCAF is a drop-in jet-fuel replacement, fully compliant under ICAO CORSIA and provides a scalable pathway for aviation decarbonisation globally outside the EU’s ReFuelEU mandate.
- Low carbon methanol is becoming essential for hard to abate sectors as global decarbonisation accelerates, with demand rising across both chemical feedstock and fuel markets.
- Cost competitiveness is critical for voluntary adoption. EPCG methanol and LCAF are designed to be cost competitive on an energy equivalent basis with:
- Traditional fuels under normal market conditions, resilient across price cycles, and without reliance on grants, subsidies, or penalties
- Onshore brown, grey, blue, or green methanol pathways
- Global methanol demand is projected to grow from ~100 million tonnes per annum (Mtpa) today to ~500 Mtpa by 2050, with around one third expected to be used as marine fuel. Meeting total projected demand would require the equivalent of ~10 new world scale 1.8 Mtpa low carbon methanol plants per year, roughly 220 units by 2050.
- EPCG will deploy twin train 3.6 Mtpa and single train 1.8 Mtpa self propelled, self disconnectable floating units, built in South Korea, to help meet this demand. These units provide rapid, scalable, flexible deployment with materially lower capital cost.
- Aviation’s transition depends on LCAF and SAF, yet there is currently no significant source of low carbon jet fuel to meet that need.
- EPCG’s strategy avoids dependence on government grants, subsidies, or penalties, ensuring long term commercial resilience.