May 7 (LNGJ) - Two Japanese and global LNG market participants, energy engineering company Chiyoda Corp. and one of Japan’s main trading houses, Mitsubishi Corp., have concluded a general licence agreement on developing carbon-capture, utilisation and storage (CCUS) technologies.
The accord is a strategic collaboration agreement granting Chiyoda the licence of the trade-marked “KM CDR Process” and the “Advanced KM CDR Process”, a CO2 capture technology jointly developed by Mitsubishi Heavy Industries and Japanese utility Kansai Electric Power Co., and to be applied to CO2 capture projects in Japan. “The partnership with MHI aims to build on our engineering, procurement and construction (EPC) activity, further strengthening Chiyoda's CCUS project capabilities in the Japanese market,” said Chiyoda.
Leading Asia-Pacific LNG operator Chevron Corp., along with French industrial gas company Air Liquide, Singapore’s Keppel Infrastructure and Chinese energy major PetroChina have signed an accord to form a consortium to advance the development of large-scale carbon-capture, utilization, and sequestration (CCUS) solutions.
The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore.
“In doing so, the consortium will look to provide industry-wide CCUS integrated infrastructure, primarily to support the energy and chemicals sector, by capturing and aggregating carbon dioxide (CO2) from large industrial emitters at a centralized collection facility,” they explained.
The CO2 could then be utilized to make useful products, such as plastics, fuels, and cement, and/or transported through either pipelines or ships to suitable reservoirs in the Asia-Pacific region for sequestration via a process of injecting CO2 into deep underground geologic formations.
Chris Powers, vice president, for CCUS at Chevron New Energies, said the operator of the Gorgon and Wheatstone LNG projects in Australia believed in the future of energy was lower carbon.
Advancing technologies
“We are committed to advancing technologies and forming strategic relationships to make it happen,” added Powers.
“We look forward to working with like-minded collaborators to progress and advance the development of large-scale CCUS solutions in the Asia-Pacific region for decades to come,” he stated.
Michele Gritti, vice president for Large Industries and Energy Transition at Air Liquide SEA Cluster, said the company supported the decarbonization of industry to help address the urgency of climate change.
“We are pleased to collaborate with Keppel Infrastructure, Chevron, and PetroChina in this decarbonization endeavour, leveraging our expertise and experience in carbon capture, purification, and liquefaction to build a comprehensive carbon-capture decarbonization solution,” added Gritti.
Chua Yong Hwee, executive director (New Energy) at Keppel Infrastructure, said that hard-to-abate sectors needed to leverage technology and innovation to transit towards reduced CO2.
Singapore environment
“Keppel Infrastructure is well-positioned to support efforts to decarbonize key sectors, given our experience as a leading developer, technology solutions provider and operator of energy and environmental infrastructure in Singapore and the region,” he declared.
Li Shaolin, managing director of PetroChina International (Singapore), said there were various pathways to decarbonization, and CCUS has been identified as a strategic pathway to be thoroughly evaluated and developed.
“PetroChina is pleased to be part of this consortium with Air Liquide, Keppel Infrastructure and Chevron; a partnership that will leverage one another’s strengths, capabilities and respective ecosystems towards the advancement of large-scale CCUS solutions in Singapore,” added Li.
Air Liquide Singapore, a fully-owned subsidiary of Air Liquide Group, now has a workforce of close to 800 employees.
Keppel Infrastructure (KI) is a wholly-owned subsidiary of Keppel Corp., the Singaporean flagship multinational company providing solutions for sustainable urbanisation.
The Tangguh LNG export plant in Indonesia in the Bintuni Bay region of West Papua province is progressing towards completion in mid-2022 of the third liquefaction amid the launch of carbon-capture plan in a gas field reservoir.
Two market leaders in liquefied natural gas, French major TotalEnergies and LNG project engineer Technip Energies, have signed a cooperation agreement to jointly develop low-carbon solutions for liquefaction plants and offshore facilities.