PETRONAS, JERA to explore feasibility of CCS value chain between Japan and Malaysia

The JSA signatories: CEO of PCCSS Nora’in Md Salleh and head of the LNG Upstream Business Group, JERA executive officer Hideki Shimizu.

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), through its subsidiary Petronas CCS Solutions Sdn Bhd (PCCSS), has signed a Joint Study Agreement (JSA) with JERA Co., Inc (JERA) to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO₂) emitted by JERA in Japan, cross-border transportation, and CO₂ storage in Malaysia.

This agreement will strengthen the collaboration and contribute towards building a global network for cross-border CO₂ transport and storage.