PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement with JERA Co., Inc, to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO₂) emitted by JERA in Japan, cross-border transportation, and CO₂ storage in Malaysia.
This agreement it said will strengthen the collaboration and contribute towards building a global network for cross-border CO₂ transport and storage.
The JSA represents a notable stride forward in efforts to reduce greenhouse gas emissions in the Asia Pacific region, especially in Malaysia and Japan.
PCCSS Chief Executive Officer, Nora’in Md Salleh said, “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. This is in line with PETRONAS’ commitment in accelerating the development of prominent CCS hubs in Malaysia, for the region.
