Shell and Energean explore CCS for Egyptian LNG

Companies agree to study feasibility of carbon dioxide storage in depleted reservoir in Abu Qir offshore gas concession

Shell has signed a memorandum of understanding with London-listed independent oil producer Energean to study the feasibility of an offshore CCS project to decarbonise Egypt’s largest LNG export terminal at Beheira on the country’s Mediterranean coast. The project will focus on the potential to capture CO₂ from the Idku LNG terminal for storage in a depleted reservoir in the Abu Qir offshore gas concession, operated by Energean. Idku, which is also known as Egyptian LNG, is jointly owned by Shell, Malaysia’s Petronas, French energy major TotalEnergies and the Egyptian state. “CCS in Egypt can only be developed in long-term partnerships with industries willing to ‘green’ their products”