BANGKOK -- A unit of Thai state oil and gas group PTT aims to put the country's first carbon capture and storage project into operation by 2026, a key step toward Thailand's goal of achieving carbon neutrality by 2050.
PTT Exploration and Production intends to sequester carbon dioxide released from the Arthit offshore gas field in the Gulf of Thailand below the seafloor. A feasibility study begun in 2021 was concluded recently, and the project is in the preliminary design phase, the company said.
