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AsianOil                                     ASIA-PACIFIC                                           AsianOil








































                           Taylor welcomed the announcement, telling  Province. This received a boost from the recent
                         the Sydney Morning Herald that work on the  pilot project launched with Japan’s Institute of
                         CCS methodology was “progressing rapidly”. He  Energy Economics to generate blue ammonia
                         added: “Australia has a comparative advantage in  from hydrogen produced from hydrocarbons,
                         CCS with a number of large geological storage  with the resultant CO2 being split between the
                         basins. Successful trials like this are important to  Jubail Methanol plant and EOR at ‘Uthmaniyah.
                         the development of CCS in Australia, which will   Meanwhile, ADNOC last week agreed a
                         create jobs and lower emissions.”    deal with French super-major Total to explore
                           Beyond the energy sector, however, Austral-  opportunities in emissions reductions and
                         ian companies are mulling other ways to use  CCUS. The Emirati firm has plans to cut green-
                         CCS’ potential to preserve valuable streams of  house gas (GHG) intensity by 25% by 2030,
                         export revenue.                      while its 800,000 tpy Al Reyadah CCUS facility
                           The country’s largest miner, BHP, said last  is expected to grow rapidly with a target in place
                         week that it had entered into a five-year mem-  to capture 5mn tpy of CO2 by the same date.
                         orandum of understanding (MoU) with China   Oman has long been leading the pack in
                         Baowu Steel to study ways to slash the steel sec-  terms of EOR and the Sultanate is also develop-
                         tor’s carbon emissions. Under the MoU, BHP  ing a commercial-scale hydrogen facility at the
                         will invest AUD50mn ($36.6mn) in a feasibility  port of Duqm as Muscat seeks to diversify its
                         studying for a CCS project at one of the Chinese  economy away from oil and gas.
                         steelmaker’s largest production sites, as well as   To the north, however, flaring remains
                         using hydrogen to feed its blast furnaces.  commonplace in Iraq, though initiatives are
                                                              ramping up to monetise gas and reduce emis-
                         Middle East                          sions. Meanwhile, it is worth noting that certain
                         Qatar is the world’s biggest LNG exporter and  international operators developing assets in the
                         like some of its US rivals, it too is looking to  Kurdistan Region of northern Iraq have reported
                         sequester CO2 at its export facilities. The govern-  less than 8kg of CO2 equivalent per barrel of oil
                         ment revealed in October last year it had a plant  equivalent (kgCO2e/boe), far below some of the
                         in operation capable of capturing some 2.1mn  region’s top producers. Aramco, for example,
                         tpy of CO2. It aims to ramp up the plant’s capac-  last year reported an upstream carbon intensity
                         ity to 5mn tpy by 2024 and 7mn tpy by 2027, hail-  of 10.1 kgCO2e/boe.
                         ing the project as the largest CCS investment in
                         the Middle East and North Africa.    Latin America
                           Enhanced oil recovery (EOR) is also at the  Efforts to develop carbon capture and storage
                         forefront of the Middle East’s carbon, capture,  (CCS) capacity are at a relatively early stage in
                         utilisation and storage (CCUS) push, with the  Latin America. The two countries in the region
                         circular carbon economy firmly in the sights of  that show the most promise on this front are
                         NOCs Saudi Aramco and ADNOC.         Mexico and Brazil, which have estimated CO2
                           Aramco has been working on CO2-based  storage potential of 100bn tonnes and 4 trillion
                         EOR at the ‘Uthmaniyah field in Eastern  tonnes respectively. Both have explored their



       Week 46   19•November•2020               www. NEWSBASE .com                                              P7
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