Japan's Sumitomo said it and Sharjah National Oil Corp (SNOC) will study a carbon capture and storage (CCS) project at a mature gas field in the United Arab Emirates, reported Reuters.
Japan, which is actively pursuing a green energy transition, is promoting its green technology in the Gulf countries, as the region aims to turn from the world's biggest oil producer into the global clean energy hub.
The project would capture CO2 from nearby power and industrial plants and other emitters in Sharjah and neighbouring emirates and store it in SNOC's on-shore gas field with capacity of over several hundred million tons of CO2, Sumitomo said.
Sumitomo and SNOC would conduct a joint feasibility study of the potential project which could use Japanese technologies in carbon capture, transport and storage, it added.
The company did not provide financial details or timing of the possible project.
"We believe there is big potential for CCS in the Middle East, as it is a key technology to materialise energy transition," said Hajime Mori, managing director of Sumitomo Corp Middle East FZE.
Japan’s Sumitomo to analyse carbon capture project at UAE gas field
