Mitsui OSK Lines (MOL) and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border carbon dioxide (CO2) transport and sequestration.
The goal is the establishment of a carbon dioxide capture and storage (CCS) value chain, with MOL providing marine transportation of liquefied CO2 and Bapco Energies providing the sequestration sites .
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