Petronas works with Japex on CCS development

Agreement is latest in series of CCS collaborations set up by Malaysian state oil and gas company in recent months

Malaysian state-owned Petronas is to collaborate with Japanese oil and gas explorer Japex on carbon capture and storage (CCS) opportunities, including suitable CO₂ storage solutions in Malaysia.  The companies have signed a memorandum of understanding that will see them work together on a technical study that will include the capture and transport of CO₂ from the Petronas LNG complex in Bintulu as well as from outside Malaysia as a “future possibility”.   “This collaboration allows Petronas to leverage Japex’s experience in the Tomakomai CCS demonstration project, Japan’s first full-chain CCS project, conducted by Japan CCS Co.,” says Petronas CEO Adif Zulkifli. Petronas says it aspires to r