KUCHING: Petroleum Sarawak Bhd or Petros and Petroliam Nasional Bhd (PETRONAS) are working on the development of a depleted oil field off the coast of Sarawak for storage of captured carbon dioxide (CO2) from an adjacent oil producing field.
A licence for this venture will be issued as soon as the new rules for carbon storage are gazetted in early 2023, according to Sarawak Premier Datuk Patinggi Abang Johari Tun Openg.
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