BANGKOK, Thailand — PTTEP is working on Thailand’s first carbon capture and storage (CCS) project at the Arthit offshore gas field.
The feasibility study, which recently concluded, included a preliminary assessment of carbon storage capacity in targeted geological storage formations and an associated conceptual development plan.
A preliminary pre-FEED study is underway, with CCS operations expected to start by 2026.
PTTEP CEO Montri Rawanchaikul said the company also collaborated with companies with experience in CCS technology in Japan to assess the potential for CCS development in other parts of Thailand.
“Moreover, we have recently joined forces with companies in PTT Group to apply CCS under the concept of CCS Hub Model to reduce GHG [greenhouse-gas] emissions from PTT Group’s operations and other industries in the adjacent operational areas,“ Rawanchaikul said.
The company is examining further options for renewable energy and hydrogen, he added.