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Woodside to progress CCS studies

CO2

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with three Japanese companies to progress carbon capture and storage (CCS) studies.

Sumitomo Corporation, Toho Gas Co., and Kawasaki Kisen Kaisha will study the capture, storage and transportation of carbon dioxide emissions in Japan.

Woodside will conduct the study of injection and storage of the carbon dioxide at Australian storage sites.

“Woodside sees CCS as an opportunity, which will require coordination and collaboration – between jurisdictions, across government and between government and industry,” Woodside executive vice president Shaun Gregory said.

“CCS has the potential to provide a pathway for industry in the region to decarbonise.

“Japan is one such country that faces the challenge of emissions reduction and will foreseeably look to near-neighbour nations to support their efforts.”

The news follows the deal Woodside signed with Kansai Electric Power Co. to progress CCS between Japan and Australia.

Under that MoU, Woodside will conduct the study of injection and storage of carbon dioxide delivered from Japan and the potential production of synthetic methane.

It also outlines a generic value chain which will consider technical and commercial factors, with the aim of progressing a future CCS value chain between the two countries.

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