LNG

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.

March 8 (LNGJ) - Chevron Corp.’s new energies division has signed a memorandum of understanding (MOU) with Japan’s largest LNG buyer JERA Co. Inc. that provides a framework for their collaboration on carbon capture and storage (CCS) projects in the United States and Australia. “This MOU has the potential to expand the significant LNG relationship that Chevron and JERA have today and further demonstrates the commitment and dedication both companies have to advancing lower carbon solutions,” said a statement.

   “We have a long-standing LNG relationship with JERA that continues to progress, with the intent of bringing affordable, reliable, and ever-cleaner solutions to our customers,” added Chris Powers, Vice President of Carbon Capture Utilization and Storage at Chevron.