On a recent day, China Wuhuan Engineering, CNOOC Blue Chemical and BASF signed a joint development agreement at Beijing.
The three parties would join in development of a brand-new carbon dioxide conversion to syngas process, promoting cleaner and low-carbon mining & application of ocean natural gas resource.
Ocean natural gas contains high concentration of CO2, and the process of separating CO2 from natural gas would not only increase energy consumption, but also result in gas loss and more of direct CO2 emission.
