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PRESS RELEASE

Sumitomo Corporation (Sumitomo), Toho Gas Co., Ltd. (Toho Gas), Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Woodside Energy Ltd (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a CCS (*1) value chain between Australia and Japan.

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