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.
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.