April 2 (LNGJ) - JERA Co. Inc, the largest LNG buyer in Japan, has signed an agreement with Malaysian energy company to evaluate the feasibility of separating and capturing carbon-dioxide emitted by JERA in Japan and then transporting the CO2 to Malaysia for storage. “Malaysia has an abundance of potentially suitable sites for underground CO2 storage,” said JERA.
“Carbon-capture and storage is a crucial solution for industries that have difficulty reducing CO2 emissions. Governments worldwide actively support CCS projects and numerous initiatives are underway including in the Asia-Pacific region,” explained JERA. Both companies plan to “jointly examine the feasibility across the entire CCS value chain” of the CCS project from cross-border shipping to storage of CO2 in depleted Malaysia gas fields.