JERA, Tokyo Gas, INPEX to join carbon capture project in Australia

Japan energy majors to pour up to $748m into plant led by Santos

20220609 Evening Scoop

Companies are developing carbon capture and storage facilities in Darwin in northern Australia. (Photo by Shaana McNaught)

RYO MUKANO, Nikkei staff writer

TOKYO -- Japan's three energy companies -- JERA, Tokyo Gas and Inpex -- plan to join what could become the world's largest carbon dioxide capture and storage project in Australia, Nikkei has learned, with their total investment expected to reach as much as 100 billion yen ($748 million).

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