Five parties sign MoU for CO2 aggregation and storage across borders
Sumitomo, JFE Steel Corporation (JFE), Sumitomo Osaka Cement Co., Ltd. (SOC), Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Woodside Energy Ltd (Woodside) have signed MOU to jointly conduct a business feasibility study aimed at aggregating CO2 from the Setouchi and Shikoku regions and then transporting those emissions to Australia for permanent storage.
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