Feb 29 (LNGJ) - A Japanese consortium of LNG and energy players has signed a storage site agreement with Malaysia’s Petronas and Petroleum Sarawak (Petros) for the depleted M3 gas field that previously supplied the Bintulu LNG export plant and will now be used as part of a carbon-capture and storage project.
Japan Petroleum Exploration Co., engineering firm JGC Holdings Corp and shipping company Kawasaki Kisen Kaisha (K-LINE) signed the accord. “This collaboration represents a significant advancement in the efforts to reduce greenhous-gas emissions in the Asia Pacific region, including Malaysia and Japan,” said the companies.
