JOGMEC joins the CCS+ initiative

Nov 15 2021


Japan Oil, Gas, and Metals National Corporation (JOGMEC) joined the CCS+ initiative, which aims to develop standards for carbon accounting methodologies by CCS activities.

The CCS+ initiative is an international multi-stakeholder platform established in April 2021 at the initiative of the international oil majors. The objective of the initiative is to develop a high-quality integrated methodological framework for generating carbon credits and meeting regulatory obligations from the full suite of CCS activities, which include establishing CO2 emission calculation methods, determining boundary conditions, and developing monitoring methods for each phase of CO2 capture, transport, and storage.

JOGMEC, as a public entity, will contribute to the development of internationally harmonized methodologies for CCS projects by utilizing its expertise in subsurface evaluation technologies, such as CO2 storage capacity evaluation, and facility technologies, such as greenhouse gas emissions calculation methods.

JOGMEC will contribute to a stable supply of natural resources and energy and the realization of a carbon-neutral society by strengthening and promoting international cooperation for deployment of CCS.

JOGMEC
CCS+ initiative


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Issue 83 - Sept - Oct 2021

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