Original article by Cameron England
The Australian – Page: 13 & 17 : 2-Nov-21

Santos has made a final investment decision to proceed with the Moomba carbon capture and storage project in South Australia. MD Kevin Gallagher says the project will permanently store 1.7 million tonnes of carbon dioxide per annum in depleted oil and gas reservoirs, at a projected cost of about $US24 per tonne. Gallagher and federal Minister for Energy and Emissions Reduction Angus Taylor will make a formal announcement on the project at the COP26 climate summit in Glasgow. Beach Energy has a one-third stake in the project.

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