UAE's ADNOC to Proceed with Habshan Carbon Capture Project
(Reuters) — Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project.
The carbon capture, utilization, and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million metric tons of carbon dioxide a year, ADNOC said in a statement.
ADNOC brought forward its net zero carbon emissions target by five years to 2045 in July as the United Arab Emirates prepares to host a major U.N. climate conference in December.
The Habshan project will triple the state oil giant's carbon capture capacity to 2.3 million metric tons per year.
The project will be built, operated and maintained by ADNOC Gas on behalf of ADNOC, the statement said.
"This landmark project is one of many tangible initiatives that ADNOC is delivering as we accelerate our decarbonization plan to meet our Net Zero by 2045 ambition," Musabbeh Al Kaabi, ADNOC executive director of low carbon solutions and international growth, said.
It will include carbon capture units at the Habshan gas processing plant, pipeline infrastructure and a network of wells for carbon dioxide injection.
The UAE is hosting the United Nations COP28 climate summit, whose incoming president is ADNOC Chief Executive Sultan al-Jaber, at the end of the year.
The OPEC producer supplies nearly 3% of global oil, which is a major source of greenhouse gases.
ADNOC said in January it would allocate $15 billion to decarbonization projects by 2030.
Related News
Related News

- FERC Approves TC Energy's 1,377-Mile West Coast Pipeline Expansion
- Kinder Morgan to Buy NextEra’s 462-Mile Texas Pipeline System for $1.8 Billion
- Williams' Gas Pipeline in Idaho Ruptures, Company Challenges Explosion Allegations
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
- Mountain Valley Pipeline Sues Protesters Hindering $7.2 Billion Construction Project
- 416-Mile Coastal GasLink Pipeline Project 98% Complete
- UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines
- HVO: Fuel for the Future
- Analysis: Canada May Struggle to Recoup $26 Billion Cost of Trans Mountain Pipeline
- Biden Awards $7 Billion in Hydrogen Hub Money to 16 States
Comments