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2565-06-1

PTT Group pilot study of CCS Hub Model pushing towards Net Zero

Mr. Somkiat Lertritpuwadol, Senior Executive Vice President, Corporate Strategy Planning and Business Development, IRPC Public Co., Ltd. together with the management of the PTT Group consists of executives of PTT Public Company Limited, PTT Exploration and Production Public Company Limited, PTT Global Chemical Public Company Limited, Thai Oil Company Limited Public Company Limited and Global Power Synergy Public Company Limited attended the signing ceremony of a Memorandum of Understanding to study the feasibility of applying carbon capture and storage technology (Carbon Capture and Storage: CCS) or CCS Hub Model, PTT Group, on June 1, 2022 at the Thai Power Room, PTT Headquarters.

IRPC operates in accordance to the company’s vision. “TO SHAPE MATERIAL AND ENERGY SOLUTION IN HARMONY WITH LIFE” by driving its strategy towards Net Zero Emission including supporting the use of alternative energy, building floating solar garden on the company’s reservoir,  total area of ​​more than 200 rai, with capacity of 12.5 megawatts, it can reduce greenhouse gas emissions by more than 9,459 tons of carbon dioxide per year or equivalent to planting trees on the entire island of Samet which is approximately 10,000 rai.  In addition, there is the Refinery Efficiency and Diesel Quality Improvement Project for EURO V Standards Compliance (Ultra Clean Fuel Project: UCF) which will help reduce PM 2.5 pollution issues and complies with the company’s policy committed to becoming Eco Factory which is expected to be commercialized in early 2024.


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