The Australian Government will spend AU$566m (US$378m) in new offshore mapping programmes that will also help identify new carbon capture and storage (CCS) locations and possible sites for clean hydrogen projects.
Announced a day before last Thursday’s (16th May) announcement by Resources Minister Madeleine King of Australia’s new Future Gas Strategy, the investment aligns with King’s plan to release more greenhouse gas acreage for CCS.
This coincided with Western Australia passing legislation last week that enables transport and storage of greenhouse gas.
Taking advantage of the government’s support of CCS, Australian company Pilot Energy (Pilot) will next week host an Austrade-support delegation of Korean companies at its first Mid West Clean Energy Project (MWCEP) near Geraldton in Western Australia.
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