UAE Oil Giant Adnoc Invests in Carbon Capture Project
Abu Dhabi National Oil Company (Adnoc) has announced that it
will invest in a carbon capture project that will nearly triple its capacity to
remove carbon dioxide from the atmosphere and store it below ground.
The project, which is set to be operational by 2026, will
capture 1.5 million tons of carbon dioxide emissions per year from Adnoc's
Habshan natural gas processing facility. The captured carbon dioxide will then
be pumped into an oil field where it will be used to boost oil production.
This is a significant investment by Adnoc and is a positive
step towards reducing the company's carbon emissions. Carbon capture and
storage (CCS) is a key technology for mitigating climate change, and this
project will help Adnoc to achieve its target of net zero emissions by 2045.
I am no expert and from what I read and understand is that it
is important for oil companies to invest in carbon capture and storage
technologies if we are to reduce our emissions and mitigate climate change. I
am glad to see that Adnoc is taking this step.
I hope that we will see more and more oil companies
investing in carbon capture and storage technologies in the years to come. This
is a necessary step if we are to reduce our emissions and mitigate climate
change and I am praying for its success because if the Adnoc project is
successful, it could help to pave the way for the wider deployment of CCS technology and make a significant contribution to the fight against climate
change
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