S Hub

The S-Hub Carbon Storage Project is a cross-border carbon capture and storage (CCS) initiative in Southeast Asia led by ExxonMobil Asia Pacific and Shell Singapore. Selected by the Singapore Economic Development Board in December 2023, the consortium aims to design and develop a system capable of capturing and permanently storing at least 2.5 million tonnes of CO₂ per year by 2030. The project envisions capturing emissions from hard-to-decarbonize sectors such as petrochemical, energy, and waste industries and storing them securely either deep underground or under the seabed, pending rigorous geological suitability assessments. The S-Hub consortium, formalized through an MoU, is working closely with the Singapore government and regional partners to chart feasibility, storage site identification, and infrastructure requirements. While definitive agreements and investment decisions are still to come, S-Hub's selection marks a critical leap toward building Southeast Asia’s first large-scale, multi-user CCS value chain—positioning Singapore as a regional hub for industrial decarbonization and cross-border CO₂ storage.