Japan Petroleum Exploration Company (Japex) has signed a memorandum of understanding with compatriots JGC and Kawasaki Kisen Kaisha (K Line) for a joint study for carbon capture and storage (CCS) in Malaysia.
The upcoming joint study will evaluate suitable sites for carbon dioxide storage in Malaysia and the technical evaluations should be completed in 20 months.
The study will include methods to capture and transport carbon dioxide from the Petronas LNG Complex located in Bintulu, Sarawak and from outside Malaysia as a possibility for the future.
JGC and K Line were selected to join Japex and Petronas because of their respective plant engineering and marine energy transportation expertise.
Petronas and the three Japanese companies will work together to examine CO2 storage technologies such as the calculation of storage capacity and optimal storage methods, optimal capture and transportation options, including estimation of emissions and capture volumes, as well as monitoring the method of CO2 storage underground.
They will also evaluate the economic feasibility of such CCS schemes alongside researching applicable regulations.
South Korean sextet
Meanwhile, Petronas signed a separate MoU on Tuesday with six South Korean companies to perform conceptual and feasibility studies on establishing a full value chain related to CO2 capture, transportation and storage.
The six companies are Samsung Engineering, Samsung Heavy Industries, SK Earthon, SK Energy, GS Energy and Lotte Chemical.
The MoU will also involve the evaluation of potential CO2 storage sites in Malaysia and exploration of other areas across the CCS value chain, including strengthening cross-border CO2 transportation links.
“The feasibility studies undertaken through this collaboration will identify suitable technologies for the CCS and transportation value chain, bringing Petronas closer towards establishing Malaysia as a leading regional CCS solutions hub,” said Petronas head of carbon management Emry Hisham.