Asia may witness some of the initial hydrogen trade flows from Australia to Japan and South Korea, two countries that have rolled out long-term plans for the clean fuel, which analysts and market participants said have to be largely met through imports. Even though actual trade flows may be years away and there are multiple hurdles to clear, energy traders and analysts told S&P Global Platts that Australia's ambition to be a key hydrogen export hub would mean Japan and South Korea would be aiming to source a substantial portion of their needs from the Pacific region. Thus, Australia-to-Japan and Australia-to-South Korea could potentially emerge as two main routes in the region.
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