Malaysia introduces tax incentives in boost for CCS

January 12, 2023

Time for that backyard calcium carbonate generator.

Dateline 2022-10-10, Energy Voice:

Malaysia’s 2023 budget announced on Friday introduces a raft of tax incentives for carbon capture and storage (CCS) as the country aims to become a regional hub for the nascent sector.

The news will be welcomed by Malaysia’s national energy company Petronas which is pushing hard to develop the nation’s CCS industry and attract overseas partners. Malaysia has already embarked on aggressive plans to promote CCS in Southeast Asia with the goal of developing natural gas fields with high contaminant levels and decarbonising its economy simultaneously.


Malaysia’s Petronas, Japan’s Mitsui partner on CCS

October 3, 2022

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.


Malaysia revs up carbon, capture and storage developments

March 21, 2022

Again, reduce, reuse, recycle, re-elect:

Dateline 2022-02-01, upstream:

Malaysia is targeting start-up of its first carbon capture and storage (CCS) project in 2025 and the second such development – also offshore Sarawak – is touted for the following year.

For Petronas Carigali’s Kasawari phase 2 project – the nation’s maiden CCS development – the extracted and compressed carbon dioxide will flow some 135 kilometres via a pipeline to the M1 field where it will be injected into a depleted reservoir.


Malaysia’s Petronas sees CCS cost as challenge

March 4, 2022

Dateline 2021-12-21, Argus Media:

Malaysian state-owned Petronas’ goal of achieving net zero emissions by 2050mirrors that of its home country and includes hydrogen as a crucial step.

The firm will focus on blue over green hydrogen at first, targeting exports to existing LNG customers in Japan and South Korea. But the cost of CCS is challenging for domestic projects. “If you look at [the] Middle East or Australia, their carbon capture is all onshore, so the cost of doing it is much cheaper theoretically. But because ours is all offshore… you get into all the complexities of operating offshore,” Petronas’ hydrogen business head, Adlan Ahmad, says.


Malaysia’s Petronas plans to scale up CCS at Kasawari gas field

October 28, 2021

I learnt a term from the Interwebs, paraphrasing (it applied to bodyweight control) “Calorie control begins in the kitchen” How about gomen shelf the CCS, and look at streamlining the kitchen? Imagine the saman revenue.

Dateline 2021-10-06, Reuters/LeaderPost:

Malaysia’s Petronas plans to scale up a carbon capture and storage (CCS) project as part of the second phase of development at the Kasawari gas field off Sarawak, its CEO said.

The CCS project at the field, which is estimated to hold 3 trillion cubic feet of gas reserves, is key to the state energy firm’s plans to achieve net zero greenhouse gas emissions by 2050.


Xodus to design Petronas’ first CCS facility

September 17, 2021

Doesn’t PETROS need to approve this?

Dateline 2021-08-17, The Chemical Engineer:

PETRONAS has awarded energy consultancy Xodus the conceptual engineering design contract for the state-energy firm’s first complete CCS project.

Xodus will conduct the feasibility studies and conceptual design for the CCS system for Kasawari, a sour gas field off the coast of Sarawak. The contract was won as part of Xodus’ contract with Petronas to provide engineering services for its Malaysian and international developments. Kasawari is scheduled to begin injecting captured CO2 in 2025, and has been billed by Malaysia’s state energy company as the world’s largest offshore CCS project. The field is estimated to have recoverable reserves of around 3 trn ft3 of gas.


Design Begins for Malaysian Carbon Capture and Storage Project

September 2, 2021

Dateline 2021-08-09, The Maritime Executive:

The development of the first complete Carbon Capture and Storage (CCS) project, offshore Malaysia, is getting underway for the oil and gas company Petronas. The conceptual engineering design contract for the project was awarded to the global energy consultancy Xodus. 

The Kasawari CCS project, off the coast of Sarawak, will comprise the capture and processing of carbon dioxide (CO2) from the sour gas field development, which will then be injected in a depleted gas field. This project is a key element of PETRONAS’ aspiration of achieving net-zero carbon emissions by 2050.