HK & CHINA GAS(HK:00003) Ge Long Hui·2025-10-09 09:32Core Viewpoint - Hong Kong and Lind Gas have signed a memorandum of cooperation to collaborate on hydrogen production, sales, and distribution, aiming to promote the development of green energy in Hong Kong [1][3]. Group 1: Collaboration Details - The memorandum outlines that Hong Kong Gas will supply locally produced hydrogen to Lind Gas, which will compress and store the hydrogen for distribution to construction sites and hydrogen refueling stations [3][5]. - The entire hydrogen supply chain will be localized, including hydrogen extraction from gas produced at the Tai Po Gas Plant and the collection of biomass gas from the Tseung Kwan O landfill to produce "green hydrogen" [3][5]. Group 2: Supply Capacity and Impact - Initially, the collaboration will supply two tons of hydrogen daily, sufficient for 14 local construction sites, while Hong Kong Gas has a production capacity of 34 tons of hydrogen per day without affecting local gas supply [5]. - The partnership aims to leverage Lind Gas's expertise in the hydrogen value chain to meet the demand for hydrogen energy in various districts, laying the groundwork for larger-scale hydrogen applications in Hong Kong [5]. Group 3: Strategic Alignment - Both companies will continue to deepen their collaboration in response to the Hong Kong government's carbon reduction policies and the "Hong Kong Hydrogen Development Strategy," utilizing hydrogen energy to facilitate Hong Kong's green transition towards carbon neutrality [5].