Consortium Formed to Explore CCUS Solutions in Singapore
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina1 announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilization, and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
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.
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 for permanent and secure storage.
Michele Gritti, vice president, Large Industries and Energy Transition, Air Liquide SEA Cluster, said: “Supporting the decarbonization of industry to help address the urgency of climate change is a priority. We are pleased to collaborate with Keppel Infrastructure, Chevron, and PetroChina in this decarbonization endeavor, leveraging our expertise and experience in carbon capture, purification, and liquefaction to build a comprehensive carbon capture decarbonization solution. In line with its Climate Objectives, Air Liquide is committed to support Singapore’s drive to achieve net-zero by 2050.”
Information Source: Read More–>
ENERGY | ELECTRIC POWER | NATURAL GAS | OIL | CLIMATE | RENEWABLE | WIND | TRANSITION | LPG | OIL & GAS | SOLAR | ELECTRIC | BIOMASS | SUSTAINABILITY | OIL PRICE |