Great write up here on CCS and the potential for PGY...

Great write up here on CCS and the potential for PGY

https://unauthorised investment advice/energy/australia-gets-tougher-on-emissions-argues-ccs-is-a-must-have/?amp

The case for carbon capture and storage (CCS) just got a whole lot stronger thanks to the Safeguard Mechanism reforms and the findings of an independent review of Australian Carbon Credit Units (ACCUs) that supports the need for additional measures beyond just offsetting emissions to meet carbon reduction targets.


Brad Lingo, chairman of Pilot Energy, told * previously the Waitsia project would involve the processing of 300,000 tonnes of CO2 associated with gas production that would be vented instead of sequestered.

“Many of the gas fields in the Cooper Basin have 30-40% CO2 in the raw gas, all processed out and vented,” he added.

The Cliff Head Oil Field is the only late-life offshore reservoir located in the WA Mid-West region with a Commonwealth regulatory pathway to CCS.



This has prompted strong interest from major players in Australia, Japan, and South Korea.