PETRONAS, South Korean companies to explore opportunities in CCS value chain


KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has inked a memorandum of understanding (MoU) with six South Korean companies to undertake conceptual and feasibility studies towards establishing a full value chain related to carbon dioxide (Co2) capture, transport and storage.

The six companies are Samsung Engineering Co Ltd; Samsung Heavy Industries; SK Earthon Co Ltd; SK Energy Co Ltd; GS Energy Corporation and Lotte Chemical Co.

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PETRONAS , South Korea , MoU , CCS , O&G

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