Reference
·Supporting source
Thailand CCUS Operating Market Revenue (2027E)
USD 0.4-0.9B
Thai CCUS operating market revenue is projected at USD 0.4-0.9 billion in 2027, compared with effectively zero in 2024. Revenue accrues to capture-and-storage operators on per-tonne CO2 offtake contracts with cement, petrochemical, refining, and natural-gas-processing customers facing EU CBAM Phase 2, UK CBA, and ASEAN ICA Phase 1 compliance. PTTEP CCS Hub captures roughly 60 percent of the revenue pool.
Figure in context
Thai CCUS operating market revenue is projected at USD 0.4-0.9 billion in 2027, compared with effectively zero in 2024. Revenue accrues to capture-and-storage operators on per-tonne CO2 offtake contracts with cement, petrochemical, refining, and natural-gas-processing customers facing EU CBAM Phase 2, UK CBA, and ASEAN ICA Phase 1 compliance. PTTEP CCS Hub captures roughly 60 percent of the revenue pool.
Thai CCUS operating market revenue is projected at USD 0.4-0.9 billion in 2027, compared with effectively zero in 2024. Revenue accrues to capture-and-storage operators on per-tonne CO2 offtake contracts with cement, petrochemical, refining, and natural-gas-processing customers facing EU CBAM Phase 2, UK CBA, and ASEAN ICA Phase 1 compliance. PTTEP CCS Hub captures roughly 60 percent of the revenue pool.
Time scope
2027E
Source basis
Supporting source
Interpretation notes
What this tells you
Thai CCUS operating market revenue is projected at USD 0.4-0.9 billion in 2027, compared with effectively zero in 2024. Revenue accrues to capture-and-storage operators on per-tonne CO2 offtake contracts with cement, petrochemical, refining, and natural-gas-processing customers facing EU CBAM Phase 2, UK CBA, and ASEAN ICA Phase 1 compliance. PTTEP CCS Hub captures roughly 60 percent of the revenue pool.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand CO2 Captured and Stored Volume (2027E)
PTTEP Arthit feasibility, SCG and PTTGC sustainability reports, Bangchak FY2024 disclosures
Gulf of Thailand Offshore CCUS Storage Capacity (Arthit, Erawan, Bongkot)
PTTEP Q2 2025 CCS feasibility study, Global CCS Institute Thailand chapter
EU CBAM Phase 2 Effective Penalty on Thai Hard-to-Abate Exports
European Commission DG TAXUD CBAM Phase 2 regulation, HM Treasury UK CBA factsheet, ASEAN Centre for Energy ICA Phase 1 roadmap
Thailand CCUS Levelised Capture-and-Storage Cost per Tonne
PTTEP feasibility, SCG cement sustainability disclosures, PTTGC and IRPC sustainability supplements, IEA Thailand CCUS country page
PTTEP CCS Hub Share of Thai CCUS Revenue (2027E)
PTTEP corporate disclosures, JOGMEC trilateral MOU release, Insight Research operator triangulation
Thailand CCUS Green and Transition Bond Financing (2026-2027)
EXIM Bank Thailand sustainability disclosures, ADB Thailand Just Transition project page, Bank of Thailand thematic bond statistics
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.