The Asia Pacific region is emerging as a key player in carbon capture and storage, with Australia, Malaysia, and Indonesia leading the way.
The Asia Pacific APAC region is rapidly emerging as a key player in the carbon capture and storage CCS sector. Asian countries are intensifying their decarbonization efforts, despite challenges for a number of countries in the region, such as unsuitable geological conditions for carbon capture , utilization, and storage CCUS.
However, the approach to CCUS differs notably between these countries. China prioritizes the development of national projects, leveraging its abundant sub-surface reservoirs for permanent storage or enhanced oil recovery EOR, both onshore and offshore. In contrast, South Korea and Japan focus on cross-border projects with permanent storage, in addition to their national initiatives. Synergia Energy's Cambay CCS hub in India marks a significant development for South Asia.
Southeast Asia Australia Malaysia CO2 Storage CCS Carbon Capture
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