BUSINESS

Consortium Advances Asia CCUS Network With Five Potential Carbon Storage Hubs

20/04/2026 06:21 PM

KUALA LUMPUR, April 20 (Bernama) -- A major Asia-Pacific industry consortium is advancing efforts to scale carbon capture infrastructure, identifying five potential cross-border storage hubs as part of a regional Carbon Capture, Utilisation and Storage (CCUS) development study.

The initiative targets hard-to-abate sectors such as steel, cement and chemicals, where deep emissions cuts remain challenging, and seeks to establish shared infrastructure for capturing, transporting and storing carbon dioxide (CO₂) at scale.

Following a screening of more than 3,000 sites across the Asia-Pacific, the study has shortlisted five candidate hubs in India (two locations), Indonesia, Malaysia and Australia, highlighting emerging regional opportunities for integrated CCUS networks spanning capture, aggregation, transport and storage.

The consortium brings together major industrial and energy players, including ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company, BHP, Chevron and Mitsui & Co Ltd, alongside new partners Kawasaki Kisen Kaisha Ltd (“K” Line), Kobe Steel Ltd and Low Emission Technology Australia (LETA), expanding capabilities across shipping, steel production and low-emissions technologies.

Phase 1 of the study focused on identifying commercially and technically viable storage hubs, while Phase 2 will assess engineering design, infrastructure requirements and business models needed to enable deployment.

According to a statement, successful CCUS rollout will depend on aligned policy frameworks, investment incentives and regulatory clarity to unlock commercial-scale adoption across the region.

The next phase will develop implementation roadmaps and concept-level designs for each hub, including CO₂ volume forecasts, value chain structures and potential pathways to emissions reduction.

The study is being delivered by Hatch, supported by Pace CCS, McDaniel and the Global CCS Institute.

-- BERNAMA

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