Glencore progresses carbon storage in Queensland’s Surat Basin
CTSCo news release
Glencore’s Carbon Transport and Storage Company (CTSCo) has reached a new milestone in the development of its carbon capture and storage (CCS) project in Queensland.
In December 2019, the Queensland Government granted CTSCo a reenhouse gas (GHG) exploration permit in the southern part of the Surat Basin.
This permit enables CTSCo to thoroughly assess the viability of safely and sustainably storing CO2 more than 2.3km underground at a tenement – EPQ10 – about 230km west of Toowoomba.
Over the next few months we will be conducting a number of activities to determine the suitability of the tenement for long-term CO2 storage.
These activities include the drilling of two appraisal wells, a seismic survey and a range of research and development projects within the tenement.
Early civil works were undertaken at site in late July. The first well will commence drilling in mid-August with the second well planned for around November.
In May 2020, the Australian Government’s Technology Investment Roadmap discussion paper identified CCS as an important technology to reduce Australia’s greenhouse gas emissions. Large-scale deployment of CCS would also support mining jobs and investment across regional Australia over the long term.
We continue to work closely with local communities and relevant stakeholders to fully investigate the potential economic, environmental and social benefits this project can provide to Queensland and the region.
For further information, please contact:
Francis de Rosa
m: +61 0417 074 751
e: Francis de Rosa
Notes for editors
About the project
Glencore’s Carbon Transport and Storage Company (CTSCo) is an integrated carbon capture and storage project located in Queensland’s Surat Basin. The $20M of work activity being undertaken in EPQ10 is funded by ANLEC R&D, 50% through LETA (formerly COAL21) and 50% Federal Government. CTSCo a subsidiary of Glencore and is not a commercial business and was formed in 2010 as a project-specific entity to bring together the deep subsurface skills required to demonstrate that CCS technology can be effectively deployed in Queensland’s Surat Basin region.