China Petrochemical Corporation (Sinopec) announced on Monday that it has started the construction of carbon capture utilization and storage (CCUS) project in east China, Reuters reported.
The project is the largest of its kind in China and came as a part of implementing refiner’s goal to become carbon-neutral by 2050, according to company.
It will capture carbon dioxide produced from the company’s Qilu refinery during hydrogen making process, and then injecting it into 73 oil wells in nearby Shengli oilfield, according to the company. It is planned to start production at the end of 2021.
Moreover, Sinopec is planning to build similar projects in Jiangsu province through capturing and utilizing carbon dioxide from refinery and petrochemical plants there and using them to boost oil output at its Huadong and Jiangsu oilfields, as the company announced.