BP, Chubu Power to study CCS project at Nagoya

BP and Chubu said they would form a broad alliance in decarbonisation businesses in Japan and other key markets in Asia,

TOKYO: BP and Chubu Electric Power say they would study the feasibility of a carbon capture and storage (CCS) project to help reduce carbon dioxide (CO2) emissions in the Nagoya Port area in central Japan.

Under a memorandum of understanding signed a day earlier, the companies would form a broad alliance in decarbonisation businesses in Japan and other key markets in Asia, they said in a joint statement.