Climate Change

02 Apr 2024

Petronas and Jera to Explore Feasibility of Entire Ccs Value Chain Between Japan and Malaysia

02 Apr 2024  by upstreamonline   

The JSA signatories: PCCSS chief executive Nora’in Md Salleh (left) and Jera executive officer Hideki Shimizu.Photo: PETRONAS2018.
Malaysia’s national energy behemoth Petronas, through its subsidiary Petronas CCS Solutions (PCCSS), has signed a joint study agreement (JSA) with Japan’s Jera to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide emitted by Jera in Japan, cross-border transportation and CO2 storage in Malaysia.

Petronas said the agreement would strengthen the collaboration and contribute towards building a global network for cross-border CO2 transport and storage, while the JSA represents “a notable stride forward” in efforts to reduce greenhouse gas emissions in the Asia Pacific region, especially in Malaysia and Japan.

“This agreement signifies a pivotal step towards enhanced collaboration with an important partner. This spirit of collaboration will speed up progression and enrich CCS delivery by leveraging the vast experiences of the two organisations,” said PCCSS chief executive, Nora’in Md Salleh.

“This is in line with Petronas' commitment in accelerating the development of prominent CCS hubs in Malaysia, for the region.”

The Malaysian company is championing CCS as a key solution in addressing emissions from its operations as well as other industries and it is continuing to form strategic collaborations as part of deliberate steps to build a resilient and sustainable portfolio, while accelerating its NZCE (net zero carbon events) 2050 pathway


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