LNG

Nov 20 (LNGJ) - Japanese LNG engineering company, JGC Holdings Corp., said it had agreed with Japan Petroleum Exploration Co. and Japanese shipping company Kawasaki Kisen Kaisha (K-Line) on the key principles for the commercialisation of a carbon-capture and storage (CCS) with Malaysian energy company Petronas by the end of 2028.

   “The target amount of CO2 injection is to be at least 2 million tons per year at the beginning of the project, including that from Malaysia and Japan, and 5 million tons per year by 2030, with a view to increasing the amount to more than 10 million tons per year in the early 2030s,” the companies said.