Singapore – Shell and Brunei Shell Petroleum (BSP) have agreed to investigate the viability of carbon transportation and storage alternatives for Singapore and Brunei Darussalam.
This might be a component of Southeast Asia’s carbon capture and storage (CCS) center.
Both parties will assess the technical and financial viability of carbon storage options in Brunei Darussalam and carbon transportation options from Singapore, per the agreement. Additionally, it will make it possible for the two nations to work together on essential policy development.
As we convert this manufacturing space into Shell Energy and Chemicals Park Singapore, CCS will aid in lowering CO2 emissions from our own operations. The chairman of Shell Companies in Singapore is Aw Kah Peng.
By 2050, Shell wants to run an emissions-free energy company, and by 2035, it hopes to have access to at least 25 million tonnes of annual CCS capacity.