Boosting carbon peak goals

Green effort: China’s first offshore million-ton carbon storage project put into operation in South China Sea. It is designed to capture and store more than 1.5 million tonnes of carbon dioxide, which is equivalent to planting nearly 14 million trees, according to the China National Offshore Oil Corporation. — Xinhua

BEIJING: The operation of China’s first offshore carbon capture and storage demonstration project will further facilitate China’s carbon peak and neutrality goals, as oil companies step up research and investment to help them become sustainable in the long run, industry experts said.

The demonstration project began operations on Thursday in the eastern waters of the South China Sea.

It will help fill the gap in China’s offshore carbon capture, treatment, injection and storage technology, said its operator China National Offshore Oil Corporation.

The facility is expected to store 300,000 metric tons of carbon dioxide each year, and is designed to capture and store up to 1.5 million tons of carbon dioxide produced during the process of oilfield development, said Deng Changhong, deputy general manager of the Shenzhen Branch of CNOOC.

Carbon dioxide captured during oilfield development was injected 800 meters under water on Thursday, close to the Enping 15-1 platform, Asia’s largest offshore oil production platform, CNOOC said.

The platform, put into operation at the end of last year, has a daily peak crude production capacity of 7,000 tons. However, the amount of carbon dioxide produced during the oilfield development remains high. If the carbon dioxide is treated in a conventional way, it will not only corrode offshore platforms and pipelines, but also increase carbon dioxide emissions, CNOOC said.

Luo Zuoxian, head of intelligence and research at the Sinopec Economics and Development Research Institute, said that technological breakthroughs in carbon capture and storage are among the most effective ways for China to achieve deep cuts in emissions, offering a way to reduce emissions in sectors that are hard to decarbonise.

Oil companies across the globe are already stepping up research and investment in this area. — China Daily/ANN