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JOGMEC and INPEX sign for CCS

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Meenal Datar

Membership specialist
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Japanese government institution, the Japan Organization for Metals and Energy Security (JOGMEC), and Japanese oil company, INPEX, have signed a joint research agreement to evaluate the potential of the Bonaparte Basin in Western Australian to become a world-scale carbon storage location.

The joint research between JOGMEC and INPEX will support INPEX as it assesses the feasibility for long-term storage of CO2. INPEX is the operator for the Bonaparte CCS joint venture and is working with the partners on the project to assess the potential for CCS in the permit.

Success in this venture will provide for storage of CO2 from the Ichthys Project and support the realisation of the Australia based, low-emissions carbon dioxide capture, utilisation and storage CCUS hub as proposed by the northern territory government.

JOGMEC and INPEX will continue to promote technical development contributing to the reduction of greenhouse gas (GHG) through CCS activities while helping reduce GHG emissions in Australia toward the realisation of a net zero carbon society by 2050.

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