Page 11 - AsiaElec Week 37 2022

AsiaElec CCUS AsiaElec

Mitsui, Shell agree

to explore CCS

opportunities

JAPAN MITSUI & Co. and Shell have struck a deal to to simultaneously achieve continued economic
explore the technical and commercial feasibility growth and reduced emissions,” added Mitsui
of carbon capture and storage (CCS) in Asia-Pa- Energy Business Unit 1’s general manager of sus-
cific, including in Japan. The agreement comes as tainable energy development, Yasuchika Maruy-
both companies explore options for decarbonis- ama. “Mitsui is trying to develop approximately
ing, with CCS increasingly seen as a key part of 15mn tonnes per annum of CCS capacity by
the process for energy producers. 2035. By developing CCS opportunities, Mitsui
According to the announcement, the com- aims to continue contributing to an environ-
panies will explore the conditions and policies mentally sustainable society,” Maruyama said.
required to develop CCS, as well as options for Shell already operates the Quest CCS project
owning and charting ships to carry liquid carbon in Canada, which is used to capture emissions
dioxide (CO2). from the Athabasca Oil Sands Project. Last year,
“Increasing the global deployment of CCS the super-major unveiled plans to build a second
is one element of Shell’s transition to becoming CCS project in Alberta to serve its Scotford refin-
a net-zero emissions energy business by 2050,” ery and chemicals complex. Since then, it has
stated Shell’s vice president of carbon capture also announced its involvement in other CCS
and storage, Syrie Crouch. “Working with com- proposals, including in the Asia-Pacific region.
panies like Mitsui, we want to help unlock the Shell and Mitsui are also shareholders in the
potential of CCS in Asia-Pacific, including Japan. G-10-AP permit, which was recently awarded
This agreement is another step in that journey to a consortium led by Woodside Energy by the
and supports our ambition of having access to Australian government to pursue offshore CCS
at least 25mn tonnes a year of CCS capacity by opportunities.™
2035,” she added.
“CCS will play an important role in the region

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