Jera, Inpex collaborate on cross-border CCS value chain
SUMMARY
The companies will conduct a study to assess the feasibility of establishing a carbon capture and storage (CCS) value chain connecting Japan to Australia.
By Shardul SharmaJapanese energy companies Jera and Inpex on May 10 announced an agreement to conduct a preliminary joint study aimed at exploring the feasibility of establishing a carbon capture and storage (CCS) value chain connecting Japan to Australia.
Under the terms of the agreement, Jera and Inpex will collaboratively assess the project's viability across the entire value chain. This evaluation includes the separation and capture of CO2 emissions generated by Jera in Japan, its transportation between the two countries, including logistics and shipping considerations, and its secure underground storage in Australia.
Inpex has expertise in CCS technologies and business development and brings experience from various projects in Australia, notably the Ichthys LNG project. The company's involvement extends to the Bonaparte Basin off the northwestern coast of the Northern Territory, where it holds a greenhouse gas storage assessment permit alongside TotalEnergies and Woodside. This initiative aims to establish a significant carbon storage site, supporting the Northern Territory government's proposal for a Darwin-based carbon capture, utilisation, and storage (CCUS) hub.
Jera said it views this collaboration as a step towards constructing a global CCS value chain for the cross-border transportation and storage of CO2.
