Adrian Mason’s Post

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Oil & Gas and Energy Transition at GlobalData Energy

*** Current Upcoming Carbon Capture Projects in Asia *** • Asia currently holds 5% of the global carbon capture capacity with 3.3mtpa capacity in 2024 across 21 projects • By 2030 Asia’s carbon capture capacity is set to be approximately 55mtpa, heavily increasing its capacity from 2024, compared to the global capacity which is expected to reach over 660mtpa • The top industry utilising carbon capture technology in the region for upcoming projects is Chemicals and Petrochemicals. The refining industry is the second largest user The chart below shows the top upcoming carbon capture projects in Asia #CCS #CCSU #carboncapture #petrochemicals #refining

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Nasir Abbas

Director Advisery Finance , Cooperation, Management, Consultant LPG & LPG Transport, Compliance OGRA, Explosive

1mo

Very informative

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