Carbon Capture and Storage (CCS) is necessary to overcome the urgent challenge of climate change through capturing and storing carbon dioxide (CO2) emissions from various sources. Significant agreement is the Paris Agreement, adopted in 2016 by the United Nations Framework Convention on Climate Change (UNFCCC). It recognizes the importance of CCS as a potential climate change mitigation solution. Pakistan is also one of the signatory country that have signed Paris Agreement. Prioritizing of the coal-fired power generation policy in Pakistan, inert gasses production from oil and gas fields and emissions form various industries are the major concerns for the atmosphere. Number of different geological sites are assessed for storage of CO2 into a subsurface as fundamental national key policy of Pakistan to participate net-zero carbon mission of the world. Stored CO2 on later stages can also be utilized in various industries to achieve financial outcomes.
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SPE/AAPG/SEG Carbon, Capture, Utilization, and Storage Conference and Exhibition
March 11–13, 2024
Houston, Texas, USA
ISBN:
978-1-959025-62-7
Business Model and Feasibility of Carbon Capture and Storage in Depleted Fields and Large Subsurface Geological Sites in Pakistan
Shabeer Ahmed;
Shabeer Ahmed
Oil and Gas Development Company Limited, Pakistan
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Waqas Habib;
Waqas Habib
Oil and Gas Development Company Limited, Pakistan
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Iftikhar Ali;
Iftikhar Ali
Oil and Gas Development Company Limited, Pakistan
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Adeel Nazeer;
Adeel Nazeer
Pakistan Petroleum Limited, Pakistan
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Shakeel Ahmad
Shakeel Ahmad
Oil and Gas Development Company Limited, Pakistan
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Paper presented at the SPE/AAPG/SEG Carbon, Capture, Utilization, and Storage Conference and Exhibition, Houston, Texas, USA, March 2024.
Paper Number:
SPE-CCUS-2024-4014411
Published:
March 11 2024
Citation
Ahmed, Shabeer, Habib, Waqas, Ali, Iftikhar, Nazeer, Adeel, and Shakeel Ahmad. "Business Model and Feasibility of Carbon Capture and Storage in Depleted Fields and Large Subsurface Geological Sites in Pakistan." Paper presented at the SPE/AAPG/SEG Carbon, Capture, Utilization, and Storage Conference and Exhibition, Houston, Texas, USA, March 2024. doi: https://doi.org/10.15530/ccus-2024-4014411
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