PTT Exploration and Production (PTTEP), the Thai oil and gas giant, has joined forces with its Japanese counterpart, Inpex, to initiate a study on the potential for carbon capture and storage (CCS) in the Northern Gulf of Thailand.
This collaborative study is anticipated to provide a groundwork for the potential development of a CCS hub in the Eastern Economic Corridor (EEC), a special economic zone of Thailand.
Through an international collaboration between the Thai Department of Mineral Fuels (DMF) and the Japan Organization for Metals and Energy Security (JOGMEC), PTTEP and Inpex will contribute their knowledge and experience in CCS.
Simultaneously, PTTEP is leading the feasibility study for the PTT Group’s Eastern Thailand CCS hub initiative in the EEC, aiming to reduce CO2 emissions from the group’s operational sites in Rayong and Chonburi provinces, as well as nearby industrial areas, using CCS technology and the storage potential in the Gulf of Thailand.
PTTEP is also advancing the first CCS project in Thailand at the Arthit gas field in the Gulf of Thailand. With the Front-End Engineering Design (FEED) phase completed, PTTEP anticipates commencing CCS operations at the Arthit field in 2027, aiming to reduce 700,000–1,000,000 tons of CO2 per year from gas production.
The results of the CCS study in the EEC, the Arthit field, and the Northern Gulf of Thailand CCS exploration project are expected to deepen geological insights into storage capacity, assisting Thailand in achieving its net-zero greenhouse gas emissions target by 2065.
(Source: Offshore Engineer Magazine)
