CCS involves the capture of CO2 emissions from industrial processes before they enter the atmosphere and transporting CO2 for underground storage in geological formations where they will be appropriately managed and monitored. The collaboration will involve identifying and evaluating facilities as well as procedures and technologies concerning CCS to build economically viable CCS solutions for Thailand.
The initiative reflects PTTEP's determination to take part in managing greenhouse gas and mitigating impacts of global warming. It has a strong potential to help industries and Thailand reduce carbon emissions and achieve our carbon neutrality goal.
Source: PTT Exploration and Production