KUALA LUMPUR, Feb 9 (Bernama) — PETRONAS has signed a Memorandum of Understanding (MoU) with leading global shipping company Mitsui O.S.K. Lines, Ltd. (MOL) to jointly explore opportunities in liquefied carbon dioxide (CO₂) transportation for the carbon capture, utilisation and storage (CCUS) value chain in Asia Pacific and Oceania regions.
The MoU was signed in a virtual ceremony on 7 February by PETRONAS Executive Vice President and Chief Executive Officer of Upstream, Adif Zulkifli and MOL President and Chief Executive Officer Takeshi Hashimoto.