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  5. Carbon capture and storage

Carbon capture and storage

bp has entered into a non-binding agreement with Santos that will lead to bp investing in Santos’ Moomba carbon capture and storage (CCS) project in South Australia
Read the press release

Purpose

Carbon dioxide that is separated from natural gas will be captured at the Moomba gas processing plant and reinjected into the geological formations of the Cooper Basin. This will aim to capture 1.7 million tonnes of carbon dioxide each year.

 

The Cooper Basin’s reinjection capacity has been assessed at up to 20 million tonnes of carbon dioxide per year, for 50 years. This has the potential to be a large-scale carbon sink for power generators and other industries in Australia. 

 

bp and CCS

bp is involved involed in CCS research, development and projects including the Net Zero Teesside project in the United Kingdom.