Santos plans huge CCS expansion across Cooper 

SANTOS gave a bit more colour on its carbon capture and storage plans in the Cooper Basin, where it is targeting front-end engineering and design next year for a 1.7MMtpa CCS project that could eventually scale to 20MMtpa and involve varied third parties. 

Santos plans huge CCS expansion across Cooper  Santos plans huge CCS expansion across Cooper  Santos plans huge CCS expansion across Cooper  Santos plans huge CCS expansion across Cooper  Santos plans huge CCS expansion across Cooper 

Gallagher says says opportunity to save 20MMtpa of CO2 but needs $20/t credit for viable business 

Santos suggests its Cooper spot is ideal with "depleted reservoirs with proven rock seal" and that longer term it could also offset emissions from its other projects via carbon credits.