JOGMEC’s latest activities and organizational change foraccelerating Carbon Capture and Storage deployment

Sakura Nishioka, Ph.D.
Hydrogen and CCS Project Department

Presentation at Japan CCS Forum 2022
December 1, 2022

1. About us – New task under amended law (November 2022 ) Japan Oil, Gas and Metals National Corporation (JOGMEC)→ Japan Organization For Metals and Energy Security (JOGMEC)
 Aim to secure the stable supply of energy and natural resources for Japan and to realize carbon neutrality
through CCS, supply of low/zero carbon fuels including hydrogen, ammonia, geothermal energy andwind power.

CCSOil & Natural Gas

GeothermalMetals

Stockpiling

Coal

Mine Pollution Control

Hydrogen,Ammonia
Wind Power１2. CCS activities -1•
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R&DPublication of guidelines

Site screening and site selection
Site characterization
Evaluation of well integrity
Modelling and simulation
Monitoring and model calibration
DDR membrane
JAPAN-GTL…and more.

• Recommended guideline for the implementation ofCarbon dioxide Capture and Storage projects Ver.1（JOGMEC CCS guideline）• Recommended guideline for calculating GHG emission
from LNG/Hydrogen/Ammonia production facilities Ver.1（JOGMEC GHG/CI guideline）

Business environment analysis• Analyze and share the trend and updated
information on following topics withstakeholders; CCS related policies, eachcountry/region’s licensing, certification andincentive scheme, carbon market, climate
policies…and more.

*Updated version is expected to be published next spring !

International cooperation• Accelerating global collaboration including
following parties; Saudi Aramco, Pertamina,
Government of Alberta (Canada), Governmentof Victoria (Australia), Asia CCUS network,
Global CCS Institute, CCS+ Initiative…and more.
２3. CCS activities -2
Exploring Commercial Potential ofClean Ammonia Production Business

CO2-EOR/CCUS Pilot Testin Agano City, Niigata Prefecture

Joint Study of CO2-EOR/CCUS inthe matured reservoir

Joint Study on the Development of CCS
at High CO2 Gas Fields

CCS Joint Study for Clean FuelAmmonia Production

Feasibility on CCS for Creation of a
Supply Chain of Low Carbon
Ammonia

Feasibility on Establishing a Clean FuelAmmonia Supply Chain
From Australia to Japan

CarbonNet (Development of a CO2
Specification for a CCS Hub Network)34. New support scheme for CCS - Overview
 JOGMEC promotes and supports CCS projects conducted in oversea and the coastal waters of Japan which
involves Japanese companies’ participation.
 Pre-Study phase - JOGMEC conducts and support geological survey in order to secure suitable areas forCO2 geological storage .
 Exploration and Storage phase- JOMGEC provides Equity Capital and Loan Guarantees.

EC for CCS Exploration Projects

EC for CCS Storage Projects

EC

EC for Asset Acquisition and M&A regarding CCS・ Lending a vessel “Tansa” forseismic survey

LG for CCS Storage Projects

LG

Main support scheme・ Geological study

Providing Equity Capital (EC) and Loan Guarantees (LG)LG for AA and M&A regarding CCS

PhasePre-StudyExplorationFIDStorage

Other support scheme

Research and analysis (Policies, rules and regulation)
Technical Study, Technical Development
Contribution to Resource diplomacy
Capacity Building
Collaborative R & DInter
governmental
relationshipStrengthening relations

Counterpart Gov’t., etc.

4Gov’t. of Japan5

5. New support scheme for CCS – Pre-study phase 15–16 June 2022

Abu Dhabi, UAE

 JOGMEC conducts exploration for candidate storage sites (domestic and overseas).
 JOGMEC conducts screening study for CCSsuitable sites. The outcome results will beshared with private companies.

 JOGMEC-owned 3D survey vessel “Tansa”
will be utilized for governmental andJapanese companies’ survey projects.

515–16 June
6. New support scheme for CCS – Exploration and Storage
phase2022
Abu Dhabi, UAE

 JOGMEC provide equity capital (EC) andloan guarantee (LG) for exploration andstorage phase.

 Example of scheme

Japanesestakeholders

 Proposed project must contribute to stablesupply of energy to Japan.

Equity Capital Estimated scale of JOGMEC supportFeasibility Studies -Approx. 100 million yenPreFEEDApprox. Several hundreds of millions of yen
FEED- Approx. Several billions of yen
Technological developmentApprox. Tens to hundreds of millions of yen
Implementation structure
JOGMEC and the project proponent.
Outcomes will belong to JOGMEC or bothparties.

Equity Capital

SPC
Loan

Loan

JBIC etc

Banks

Loan Guarantee

Loan Guarantee

6 For more information

https://mirai.jogmec.go.jp/

English version is now available !

 Inquiry
Global Coordination Division, Hydrogen and CCS Project Department

jogmec-ccs-globalcoordination@jogmec.go.jp

Thank you.