Santos successfully stores CO2 underground


Australian energy major Santos today (22nd Oct) said it has successfully injected approximately 100 tonnes of carbon dioxide deep underground into depleted gas reservoirs in the Cooper Basin.

The key milestone occurred earlier this month in the Strzelecki field as part of the final field trial for the Moomba Carbon Capture and Storage (CCS) Project.

Santos Managing Director and CEO Kevin Gallagher said the company will now finalise technical and commercial arrangements with the aim of having the 1.7 million tonne per annum project ready for final investment decision by the end of the year.

Ultimately, the Moomba CCS Project has the potential to store up to 20 million tonnes of carbon dioxide per annum.

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