STO News: Australia's gas producers eye profits from carbon capture - 18th May 2022, 2:19pm

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* CCS counted on for cutting gas producers' emissions

* Depleted reservoirs offer growth opportunity

* Asian LNG buyers with no CO2 storage may tap Australia

By Sonali Paul

BRISBANE, May 18 (Reuters) - Australian oil and gas producers are eyeing future profits from carbon capture and storage (CCS) as the industry globally races to meet net zero emissions targets, even as the world's largest CCS project, in Australia, struggles to hit capacity.

Chevron Corp's A$3 billion ($2 billion) facilit...

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