Petronas, through its subsidiary Petronas CCS Solutions Sdn Bhd (PCCSS), has signed a joint study agreement (JSA) with JERA Co., Inc to evaluate the feasibility of an entire carbon capture and storage (CCS) value chain.

This evaluation encompasses the separation and capture of carbon dioxide (CO2) emitted from JERA’s operations in Japan, cross-border CO2 transportation, and subsequent storage in Malaysia.

This agreement will strengthen the collaboration and contribute towards building a global network for cross-border CO₂ transport and storage, Petronas stated in a press release.

The JSA represents a notable stride forward in efforts to reduce greenhouse gas emissions in the Asia Pacific region, especially in Malaysia and Japan, the company added.

“This agreement signifies a pivotal step towards enhanced collaboration with an important partner. This spirit of collaboration will speed up progression and enrich CCS delivery by leveraging the vast experiences of the two organizations. This is in line with Petronas’ commitment in accelerating the development of prominent CCS hubs in Malaysia, for the region,” said Nora’in Md Salleh, CEO of PCCSS.