Japanese and Australian partners sign MoU for feasibility study into CCS value chain

Sumitomo Corporation, Toho Gas, Kawasaki Kisen Kaisha Ltd. (“K” LINE) and Woodside have signed a non-binding Memorandum of Understanding (MoU) to conduct a feasibility study to establish a carbon capture and storage (CCS) value chain between Japan and Australia.

The study will investigate the possibility of forming a CCS value chain between the four companies, whereby CO₂ emissions from various industries and companies in the in the Chubu region of Japan are hoped to be captured/accumulated.

The carbon will then be liquefied by using technology such as CO₂ separation and capture via unused liquefied natural gas (LNG) cryogenic energy being developed by Toho Gas.