KUALA LUMPUR, Jan 28 (Bernama) — PETRONAS has signed a Memorandum of Understanding (MoU) with Japan Petroleum Exploration Co., Limited (JAPEX) to collaborate on carbon capture and storage (CCS) opportunities, including suitable carbon dioxide (CO2) storage solutions in Malaysia.
Under the MoU, PETRONAS and JAPEX will perform technical maturation activities to unlock potential CCS solutions, which includes evaluating optimal capture, storage and transportation methods, as well as estimation of emissions, capture volumes and monitoring methods of CO2 stored underground. This joint study will cover consideration of methods to capture and transport CO2 from the PETRONAS LNG Complex in Bintulu and from outside Malaysia as a future possibility.