Twelve global natural gas and oil majors are backing what could be Pennsylvania’s first carbon capture and storage (CCS) project.

Under the auspices of decarbonization investor OGCI Climate Investments (OGCI CI), the multinationals have provided funding for KeyState Natural Gas Synthesis to conduct a pre-front end engineering and design (pre-FEED) study for a project in rural West Keating Township in Clinton County.

“Geological storage of CO2 is part of Pennsylvania’s next energy revolution,” KeyState’s CEO Perry Babb told NGI.

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The integrated project would extract stranded gas from the Marcellus Shale, manufacture chemicals and...