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Climate Change

Japan's Inpex to spearhead carbon capture at Australian gas field

Company seeks global partners for project located near Darwin

Inpex plans to separate and recover carbon dioxide for gas at a plant near the northern city of Darwin.

TOKYO -- Japan's largest oil and gas explorer Inpex will lead an effort that will spend up to 100 billion yen ($868 million) to build one of the world's largest carbon capture facilities in Australia.

The project will capture and store the carbon dioxide produced by the Ichthys gas project, a development offshore Australia's northern coast that Inpex operates with several joint venture partners. The capturing setup is expected to begin in 2026 at the earliest.

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