With its advanced technology in the field of MOF materials, Basemof has been supported and empowered by OGCI China Climate Investments, further strengthening its position in the field of sustainable development.

The Fengcheng oilfield project designed and operated by BaseMoF devoted to reduce the greenhouse gas emissions in oil and gas industries has been successfully commensed into operation. This is the first carbon capture project with MOFs solution in China, also counted as the world's largest single MOFs solution carbon capture project.

Recently, Basemof team was invited to attend the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change in Dubai, gaving a company presentation in the Methane Investment Day.

On the morning of December 3, Dubai local time, during the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), the OGCI China Climate Investments, drawing on the platform of the Global Climate Action and Technology Innovation Forum, successfully held a "Methane Investment Day" event in Dubai, United Arab Emirates.The event invited relevant ministries and commissions of our country, the Oil and Gas Climate Initiative (OGCI), the internationally renowned oil companies, the Climate Investment Fund CI), investment institutions, research institutions and other nearly 100 leaders, experts and scholars attended the conference, focusing on the domestic and foreign methane emission reduction policies, technologies and industry status, in-depth discussion of methane emission reduction investment opportunities and challenges, to provide a reference for promoting China's methane emission reduction.

www.chinastarmarket.cn reported on December 1 (reporter: Li Mingming) Following the establishment of the Oil and Gas Climate Initiative (OGCI) OGCI China Climate Investments last year, China Petroleum & Chemical Corporation (Sinopec) has taken a significant step in the field of climate investment and financing.