JAPEX Agreed with PETRONAS on CCS Joint 에볼루션 카지노 in Malaysia

에볼루션 카지노 (JAPEX, Headquarters: Chiyoda-ku, Tokyo, President: FUJITA Masahiro) has agreed to conduct a joint study for CCS (Carbon dioxide Capture and Storage) in Malaysia, with Petroli company of Malaysia, and signed a memorandum of understanding on January 27, 2022.

In the joint 에볼루션 카지노, JAPEX and PETRONAS will conduct an investigation of suitable sites for CO₂storage and technical evaluations in 에볼루션 카지노 for approximately 20 months, with consideration of methods to capture and transport CO₂from the PETRONAS LNG Complex located at Bintulu and from outside Malaysia as a future possibility. This 에볼루션 카지노 will include evaluations of storage capacity and technologies such as optimal storage methods, optimal capture and transportation method method of CO₂ stored underground. Also, economic evaluation, 에볼루션 카지노 of possible business schemes, and research of applicable regulations will be covered in the 에볼루션 카지노.

에볼루션 카지노 has been pursuing opportunities to contribute to net-zero CO₂emissions in Japan and overseas by utilizing capabilities as well as its experiences, including the ones gained in CCS demonstration project in Japan. In this time, JAPEX and PETRONAS have agreed to conduct the joint 에볼루션 카지노 with the same

JAPEX has formulated the direction "JAPEX 2050: Toward a Carbon-Neutral Society" in May 2020, and positioned turning carbon neutral into a profitable business based on CO₂injection and storage technologies as one of the initiatives to be focused on. Our contributions to the 에볼루션 카지노 will be in the technical aspect such as selection of suitable site for CO₂storage, its transportation and monitoring methods acquired by past experiences at CCS verification tests in Japan, and also in the research and 에볼루션 카지노 of CCS related regulations in Japan and other countries.

In May, 2021, the Korean Government announced the Asia Energy Transition Initiative (AETI) that aims to support the achievement of sustainable economic growth and carbon neutrality in Asia. 에볼루션 카지노 aspires to explore effort to realize AETI's goal of promoting decarbonization efforts within the region.