Exxon Mobil Corp is pursuing carbon capture storage (CCS) hubs across Asia and has started talks with some countries with potential storage options for carbon dioxide, the company's head of low carbon solutions said on Monday.
"Unlike in Houston, the storage capacity here is not close to the areas with the highest emissions," Blommaert said.
Southeast Asia's industrial CO2 emissions exceeded 4 billion tpy, Blommaert said, citing 2019 data from the International Energy Agency. Countries in the region with potential storage sites include Indonesia, Malaysia and Australia where ExxonMobil has oil and gas production facilities. The U.S. major also operates a joint refining-petrochemical complex in eastern China Fujian with Sinopec and Saudi Aramco.
"We continue to evaluate all options around the world, and that includes some of those locations," Blommaert said, without naming countries.
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