A group of leading energy companies have signed a deal to form a consortium which aims to explore the development of large-scale carbon capture, utilisation and sequestration (CCUS) solutions in Singapore.
Comprised of Air Liquide, Chevron, Keppel Infrastructure, and PetroChina, the consortium will work together to research, test, and develop technological, logistical, and operational solutions for CCUS in the country.
Focusing on decarbonising hard-to-abate areas of industry such as energy and chemicals, the partners will also study the potential for utilising captured CO2 to make products such as plastics, fuels, and cement, or to be transported by pipelines or ships to underground reservoirs in the Asia Pacific region.
Stating that decarbonisation of industry must be treated as a priority, Michele Gritti, Vice President, Large Industries and Energy Transition, Air Liquide SEA Cluster, added, “In line with its Climate Objectives, Air Liquide is committed to support Singapore’s drive to achieve Net Zero by 2050.”
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