Under the plan of the project, emitted carbon dioxide from a thermal power plant will be injected into a major Chinese oil field to extract more crude oil, the Nikkei business daily said.

The project, set to start next year, will involve investments from Japanese companies such as Toyota Motor Corp. and plant engineering firm JGC Corp., Nikkei said. From China, entities such as China National Petroleum Corp. and major power generator China Huadian Corp. are expected to take part in the project.

Subscribe to The China Post and save.  Click hereSharePrintEmail

Write a Comment

Enter your comments - 800 characters max

Receive China Post promos

Respond to this email