Mitsubishi Heavy Industries and Osaka Gas sign CCUS value chain feasibility study

Mitsubishi Heavy Industries Ltd (MHI) and Osaka Gas Co Ltd have signed an agreement for a feasibility study on a project to develop a CO₂ value chain for carbon capture, utilisation and storage (CCUS), including transporting CO₂ captured in Japan to overseas, utilising it to produce e-methane, a synthetic gas produced through methanation, and storing it underground. 

The project aims to establish an efficient CO₂ value chain, leveraging Osaka Gas’s know-how on e-methane production and CO₂ storage and MHI’s expertise in CO₂ capture, liquefied CO₂ maritime vessel transport, and CO₂ management.

To that end, the project partners will examine methods to capture CO₂ emitted from the hard-to-abate industries, such as cement, steel, chemicals and transport liquefied CO₂ using ships.  

The project also plans to expand its CCUS scheme through the trade and transfer of CCUS environmental value quantified by CO₂NNEX, a digital platform for visualising a CO₂ value chain currently under development by MHI and IBM Japan.