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MOL, Bapco Energies sign MoU for development of cross border CO2 transport

Mitsui O.S.K. Lines, Ltd. and Bapco Energies B.S.C. announced the signing of a MoU for development of cross border carbon dioxide (CO2) transport and sequestration with the goal of establishing a carbon dioxide capture and storage (CCS) value chain, where MOL provides marine transportation of liquified CO2 and Bapco Energies provides the sequestration sites.

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