Asia Pacific > Australia’s Santos signs MoUs for offshore CO2 storage in Timor-Leste

Australia’s Santos signs MoUs for offshore CO2 storage in Timor-Leste

Published 09:45 on May 3, 2023  /  Last updated at 09:45 on May 3, 2023  / Stian Reklev /  Asia Pacific, Australia, Other APAC, South Korea

Oil and gas company Santos has closed four non-binding memoranda of understanding (MoUs) for storage of upwards of 10 million tonnes of CO2 annually at a CCS facility in Timor-Leste, that could seek carbon credits under Australian and international schemes.
Oil and gas company Santos has closed four non-binding memoranda of understanding (MoUs) for storage of upwards of 10 million tonnes of CO2 annually at a CCS facility in Timor-Leste, that could seek carbon credits under Australian and international schemes.


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