Petronas-Mitsui deal: Japanese giant to help decarbonise Malaysia

Malaysia’s vitality powerhouse Petronas and Mitsui & Co of Japan are teaming up for conceptual and feasibility research on the carbon seize and storage (CCS) worth chain, together with the analysis of carbon dioxide storage websites in Malaysia.

Beneath a memorandum of understanding, the businesses will consider potential CO₂ storage websites offshore Peninsular Malaysia in step with Petronas’ intention to determine Malaysia as a regional CCS hub within the Asia Pacific.

The scope of collaboration covers the analysis of the CCS worth chain, capturing and gathering technique of CO₂ from numerous industries, aggressive transportation of the CO₂ and rising expertise in direct air seize.