So, Malaysia made the news for the dumping of plastics in our beautiful country. Now the world wants to dump their CO2 in Malaysia?
Dateline 2022-06-30, Argus:
Malaysian state-owned refiner Petronas and Japan’s Mitsui have signed an initial agreement to carry out conceptual and feasibility studies on a carbon capture and storage (CCS) value chain, including the evaluation of CO2 storage sites in Malaysia.
The firms will evaluate potential CO2 storage sites offshore peninsular Malaysia under this agreement, which was signed earlier this month. But no further details or timelines were provided. The companies also aim to leverage their collective expertise to evaluate the development of a CCS value chain, which includes capturing CO2 from various sectors, CO2 transportation, and technological developments in direct air capture.