
[Impact Interview]
Driving Cross-Border Collaboration and Public-Private Synergy: INPEX's Vision for CCUS Leadership in the Asia-Pacific
[Impact Interview] Driving Cross-Border Collaboration and Public-Private Synergy: INPEX's Vision for CCUS Leadership in the Asia-Pacific
Introduction:
In this insightful Impact Interview, Mr. Shoichi Kaganoi, Executive Officer and Senior Vice President of the Hydrogen & CCUS Development Division at INPEX Corporation, shared his perspectives on the critical role of Carbon Capture, Utilization, and Storage (CCUS) in advancing Japan's energy transition goals. The discussion explored the importance of cross-border collaboration, policy frameworks, and the integration of public and private sector efforts to drive innovation and investment in CCUS technologies.
Mr. Kaganoi highlighted Japan's unique position in the Asia-Pacific region, emphasizing the significance of government support and international cooperation to overcome challenges in scaling CCUS initiatives.
Key Takeaways:
Asia-Pacific as a Strategic Focus for CCUS
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Japan's proximity to the Asia-Pacific region makes it an ideal hub for CCUS collaboration. Mr. Kaganoi stressed that transporting CO₂ over long distances remains a logistical challenge, reinforcing the importance of regional partnerships.
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He noted the region's continued reliance on hydrocarbons, such as natural gas, making CCUS a critical transitional technology as renewable hydrogen adoption progresses gradually.
Public-Private Synergy for CCUS Deployment
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Mr. Kaganoi underscored the necessity of cooperation between governments and private companies to ensure successful CCUS implementation. He highlighted the importance of establishing clear regulations, liability frameworks, and bilateral agreements for CO₂ transportation.
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Public acceptance of CCUS projects is another key factor, requiring both governments and private sectors to educate and engage communities about the benefits of reducing carbon emissions.
Japan’s CCUS Policy Framework
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The recent enactment of Japan's CCS Business Act in May 2024 marks a significant milestone, providing a robust foundation for CCUS development.
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Government subsidies, such as 100% funding for design activities during the pre-Final Investment Decision (FID) phase, have been instrumental in advancing projects. However, Mr. Kaganoi called for greater clarity on post-FID support to facilitate long-term planning and investment.
INPEX’s Commitment to CCUS
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INPEX has been actively involved in feasibility studies and stakeholder engagement, leveraging government support to position its projects as part of Japan’s national energy strategy.
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The company recognizes the importance of aligning its efforts with broader national and regional goals, ensuring that CCUS initiatives benefit all stakeholders involved.
Insights Brought to You by:

Shoichi Kaganoi
Executive Officer and Senior Vice President of the Hydrogen & CCUS Development Division
INPEX Corporation
