Air Liquide, Chevron, Keppel Infrastructure, and PetroChina have signed a memorandum of understanding to form a consortium to advance the development of large-scale carbon capture, utilization and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
The consortium will research, test, and develop technological, logistical, and operational solutions for CCUS in the city-state. It will look to provide industry-wide CCUS integrated infrastructure, primarily to support the energy and chemicals sectors, by capturing and aggregating carbon dioxide (CO2) from large industrial emitters at a centralized collection facility.
The CO2 could then be used to make products such as plastics, fuels, and cement, and/or transported through pipelines or ships to suitable reservoirs in Asia-Pacific for sequestration via a process of injecting CO2 into deep underground geologic formations for permanent and secure storage.
"In line with Keppel’s Vision 2030, which places sustainability at the core of our strategy, our collaboration with Air Liquide, Chevron and PetroChina will enable us to take another step towards addressing Singapore’s needs for a low-carbon economy," says Chua Yong Hwee, executive director (new energy) at Keppel Infrastructure.
Air Liquide Singapore, a fully owned subsidiary of Air Liquide Group, operates the largest network of air separation plants and gas production facilities, which are located in 21 sites in Singapore.
Keppel Infrastructure, is a wholly-owned subsidiary of Keppel Corporation, has a track record of developing energy and environmental infrastructure end-to-end, including power generation assets, waste-to-energy facilities, large-scale district cooling systems, as well as wastewater recycling and desalination plants.
Oil major Chevron is focused on lowering the carbon intensity of its operations and growing lower carbon businesses along with its traditional business lines.
PetroChina is one of the major oil and gas producers and distributors in China. It engages in a wide range of activities related to oil, natural gas and new energies and materials, with a strategic focus on innovation, sustainable resources, market alignment, internationalization, and green and low-carbon development.