Over 2.4 gigatons of potential storage capacity has been identified across 16 of Malaysia’s depleted fields — 11 of which are off Sarawak and the rest off Peninsular Malaysia.
CARBON capture, storage and utilisation (CCUS) is a big buzzword today and holds vast potential.
Essentially, it entails gathering vast amounts of carbon dioxide emitted by industries and shoving that into the ground in places such as disused or depleted oil wells. It is one of the most effective ways for countries to reach their net zero emission targets.
