China starts on first large-scale CCUS project
China's Sinopec has started building the country's first large-scale carbon capture utilisation and storage (CCUS) project, the state-owned refiner reported on July 5.
Sinopec said the project at the Shengli oilfield in east China would be the first of its kind to have a storage capacity over 1mn metric tons/year, without specifying its exact size. It will capture CO2 emissions that result from hydrogen production at Sinopec's Qilu refinery in the east Shandong province. The CO2 will then be injected into 73 oil wells at Shengli, where it will be used to boost recovery.
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"CCUS technologies provide the foundation for achieving carbon neutrality," Sinopec said. "It will play an exemplary role for the development of the industry and greatly promote the goal of the national carbon emissions peak before 2030 and achieve carbon neutrality by 2060, helping to manage global climate change and greenhouse gas emissions."