Leading governments in the Asia Pacific region are building CCS into their strategies to achieve national climate and economic objectives. Australia, Malaysia, Indonesia and South Korea have all promulgated laws related to CCS and Thailand has commenced a process to develop theirs. Investment in CCS projects is being supported through a mixture of regulations, carbon pricing and tax incentives that has enabled the first three CCS facilities to commence operation and FID to be reached on a further three. Over 60 more are in earlier stages of development.
Nations are working towards establishing transboundary CCS value chains where countries with limited storage capacity (Japan, South Korea, Singapore) send CO₂ for storage in countries with large resources (Australia, Indonesia, Malaysia).
The Santos Moomba and Chevron Gorgon projects in Australia together stored over 3 million tonnes of CO₂ in the 2024-2025 financial year.
Thailand is making progress in its CCS agenda, including clarifying the role of national agencies, and next steps in bilateral CCS cooperation with Japan.
Asia is taking the first steps towards transboundary CCS where CO₂ is shipped for storage in countries with large storage resources.
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Ian is the General Manager - Global Research and Analysis at the Global CCS Institute and is based in...
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Alex joined the Global CCS Institute in 2016 and is accountable for managing the Institute’s media, public affairs, events, communications, publications...
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Bernardene has more than 20 years’ experience as commercial and financial advisor in the energy sector. She has industry...
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Chris is a principal working internationally in the low carbon energy industry with technical expertise in the geological storage...
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David Kearns is the Country Manager Australia and New Zealand in the Institute’s Strategic Analysis, Growth and Engagement team,...
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Eric Williams is the Principal Economist at the Global CCS Institute and is based in the Gold Coast, Australia. ...
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Hugh is a Senior Capture Lead for Carbon Capture Technology at the Institute based in Melbourne, Australia. Hugh is...
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Mojtaba is a Principal Storage Specialist having joined the Institute in 2023. Mojtaba is a reservoir engineer specialising in...
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