The Oil and Gas Climate Initiative (OGCI) has released a new study titled CCS in the Asia-Pacific Region, examining the legal, regulatory, and economic frameworks required to scale carbon capture and storage (CCS) across selected regional markets.
Prepared by the Global CCS Institute (GCCSI), the report serves as a practical guide for policymakers, developers, and investors navigating regional decarbonization pathways.
While several jurisdictions across the Asia-Pacific region are advancing dedicated CCS legislation, the study notes that others still lack the foundational permitting and legal structures needed to attract commercial investment.
The report cautions that delays in establishing geological storage sites could significantly increase long-term net-zero transition costs and restrict industrial decarbonization options.
Building on OGCI’s prior study of carbon capture hub potential in northern Egypt, the Asia-Pacific analysis forms part of a broader series evaluating geography-specific deployment challenges.
Industry Coalition Leverages Experience To Scale Regional Decarbonization
The initiative comes as OGCI’s 12 corporate members, which include Aramco, BP, Chevron, ExxonMobil, and Shell, continue expanding investments into low-carbon infrastructure and technology.
Through its role supporting the Oil & Gas Decarbonization Charter (OGDC), OGCI shares technical expertise with over 50 signatory companies to accelerate methane abatement, flaring reduction, and energy efficiency.
Relevant: OGCI Report Identifies New Pathways For CO2 Storage Through Mineralization
According to the group, OGCI members have invested a cumulative $125 billion in low-carbon solutions and R&D since 2017 while reducing their operated methane emissions by 63%.
By providing regional analysis alongside funds like Climate Investment, OGCI aims to establish the cross-border policy coordination and infrastructure needed to support large-scale carbon capture deployment across Asia-Pacific industrial centers.
Read more: Japan CCUS Capacity Set For 30x Growth By 2035, Wood Mackenzie Says
