Consortium berths to explore CCUS solutions in Singapore – Businessamlive

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A consortium has been formed to evaluate and advance large-scale carbon capture, utilization and sequestration (CCUS) solutions and integrated infrastructure in Singapore.

A consortium comprising industrial gas company Air Liquide, energy industry company Chevron, infrastructure company Keppel and gas company PetroChina said it had signed a memorandum of understanding on Wednesday.

The group of companies aims to research, test and develop technical, logistical and operational solutions for CCUS in Singapore. They will build his CCUS integrated infrastructure across industries primarily to support the energy and chemical sectors by collecting and collecting carbon dioxide (CO2) from large industrial emitters in centralized collection facilities. try to provide

The CO2 can then be used to create useful products such as plastics, fuels and cement, or transported via pipelines and ships to suitable reservoirs in the Asia-Pacific region where it can be stored in deep underground formations. can be sequestered through a process of injecting CO2 into and making permanent use of it. Safe storage.

Michele Gritti, Vice President, Large Industry and Energy Transformation, Air Liquide SEA Cluster, said helping the industry decarbonize to address the urgency of climate change is a priority. rice field.

“We are pleased to work with Keppel Infrastructure, Chevron and PetroChina in this decarbonization effort, leveraging our expertise and experience in carbon capture, refining and liquefaction to build a comprehensive carbon capture and decarbonization solution. ‘, said Gritti.

“In line with climate goals, Air Liquide is committed to supporting Singapore’s efforts to reach net zero by 2050,” he said.

Chris Powers, vice president of CCUS at Chevron New Energies, said the global energy company believes the future of energy is low-carbon and is leveraging technological advances and strategic initiatives to make it happen. He said he was working on building relationships.

“We look forward to working with like-minded collaborators to advance and advance the development of large-scale CCUS solutions in the Asia-Pacific region for decades to come,” said Powers.

Chua Yong Wee, Executive Director (New Energy) at Keppel Infrastructure, said hard-to-reduce sectors must leverage technology and innovation to transition to zero net CO2 emissions. The structure is well positioned to support decarbonization efforts in key sectors, he said. This is in view of the company’s experience as a leading developer, technology solution provider and operator of energy and environmental infrastructure in Singapore and the region.

“In line with Keppel’s Vision 2030, which places sustainability at the core of its strategy, we are excited to take another step forward in addressing Singapore’s need for a low-carbon economy by working with Air Liquide, Chevron and PetroChina. I can do it.”

Li Shaolin, managing director of PetroChina International (Singapore), said that among various paths to decarbonization, CCUS has been identified as a strategic path to be thoroughly evaluated and developed. rice field.

“PetroChina is pleased to join the consortium with Air Liquide, Keppel Infrastructure and Chevron. It’s a partnership that leverages the system,” says Shaolin.

“Participating in this initiative is our commitment to ensuring the development of the energy industry is in harmony with the environment, and we seek to make a meaningful contribution towards Singapore’s goal of achieving net zero.”

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