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Sinopec Launches Low-Carbon Energy Initiative With Kazakhstan at CCUS Summit

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Sinopec Launches Low-Carbon Energy Initiative With Kazakhstan at CCUS Summit

Astana – September 09, 2026 -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") joined Kazakhstan's Ministry of Energy, the International Cooperation Organization for Technological Innovation in CCUS (ICTO), and the Institute of New Materials and Energy Technologies at Nazarbayev University to launch a Low-Carbon Energy Development Cooperation Initiative at the 2026 International CCUS Technology Conference in Astana on September 1-2.

Initiative targets closer coordination on CCUS technology and standards
The initiative aims to strengthen collaboration on carbon capture, utilization and storage (CCUS) technologies and standards, alongside expanded professional exchange across the sector. Government, industry and international-organization representatives from China, Kazakhstan, the United Kingdom, the United States and Canada attended the launch.

Conference draws 230-plus participants from dozens of countries
The gathering brought together more than 230 participants from dozens of countries and regions to discuss CO2 capture, geological storage, CO2 mineralization and CCUS hub development. Delegates also examined business models, regulatory frameworks and international partnerships needed to scale deployment.

Tian Hongbin, vice president of Sinopec Group, said global climate action has entered a critical phase in which CCUS has become a key lever, adding that Sinopec will continue supporting ICTO's growth as a global network of leading experts and deepen international cooperation across the CCUS sector.

Sinopec operates China's first 100-kilometer dense-phase CO2 pipeline
Sinopec has built China's first 100-kilometer dense-phase CO2 pipeline and launched the country's first integrated CCUS demonstration project, with annual capacity of one million metric tons. The company is also conducting a joint study with Shell, BASF and China Baowu on China's first open-access CCUS cluster at a 10-million-metric-ton scale, while preparing a one-million-metric-ton demonstration project at the Shengli oilfield focused on lower-concentration CO2 sources.

Combined, these projects cover CO2 capture from sources of varying concentrations, enhanced oil recovery and storage.

ICTO counts 60 founding members from more than 20 countries
Founded in July 2025, ICTO has 60 founding members, including companies, research institutions and experts from more than 20 countries and regions. Sinopec said it will continue working with ICTO and its members to link engineering expertise with international research and support the development and application of CCUS technologies.
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