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Mid-sized CCS demonstration project using the Donghae-1 depleted gas reservoir

 

What is Carbon Capture Storage(CCS)?

CCS is the only proactive means for greenhouse gas reduction. It includes 3 major stages: 1)capture CO₂ from industrial emission sources, 2)transport to the injection site, and 3)inject into safe geologic formations for permanent storage. Many aspects of core technologies in CCS have a lot in common with E&P technologies in the oil and gas industry. Not Surprisingly, global oil and gas companies are leading in the forefront of CCS businesses.
 

Why do we need CCS?

In an effort to reduce the level of greenhouse gas in the atmosphere, the government signed the Paris Agreement in 2015. The agreement aims at reducing the level of greenhouse gas emission by 37%, compared with the business as usual(BAU) amount in 2030. In the line of this effort, the government released the “Korean Green New Deal” that includes R&D projects for large-sized CCUS demonstration, and it eventually announced the “Carbon neutral by 2050"" in October 2020. Among many other technologies for CO₂ reduction, CCS is the most preemptive one that will contribute to achieving our target for greenhouse gas reduction and carbon neutral by 2050.
* CCUS: Carbon Capture Utilization and Storage. The concept of CCUS includes “Utilization” in which CO₂ is converted to valuable industrial material, for example.
 

Where we are now?

KNOC takes part in the government-led "Multi-department large-scale CCS demonstration project and the commercialization for CCU". KNOC is aiming at injecting 0.4 million ton of CO₂ per annum(tpa) into the Donghae-1 gas reservoir expected to cease production in a few years.
 

CCS project outline

Project Mid-sized CCS demonstration project using Donghae-1 gas field
Size 0.4 Mtpa
Site Donghae-1 gas reservoir including offshore production facilities
Duration [R&D]2021~2023, [Construction]2023~2024, [Operation]2025~2055
 
[CCS projects view map]
[CCS project outline]
 
 
Department Contacts Updated
Updated : 2021-09-30 Department : ESG Dept. Contacts : +82)52-216-5568

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