MOL, NYK to study marine transportation of LCO2
SUMMARY
This project is being undertaken by ENEOS Corporation, J Power and JX Nippon Oil & Gas Exploration Corporation, and is commissioned by the JOGMEC. [Image: MOL]
By Shardul SharmaPOSTED IN:
Japanese shipping majors Mitsui O.S.K. Lines (MOL) and NYK on August 25 announced they will be engaged in a study related to the transport of liquefied CO2 by vessel as part of a carbon dioxide capture and storage (CCS) project off the northern to western coast of Kyushu, Japan.
This project is being undertaken by ENEOS Corporation, Electric Power Development (J Power) and JX Nippon Oil & Gas Exploration Corporation, and is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC).
The aim of this study is to support the offshore CCS project in the Kyushu region, which is positioned as an advanced CCS project by JOGMEC, in line with the goal of achieving carbon neutrality by 2050. The project seeks to address the entire value chain of CCS, including CO2 separation and capture, transport, and storage.
This carrier would be responsible for transporting CO2 collected from thermal power plants and refineries in western Japan to potential storage sites.
