The Lingao project.
Phase 1: 50,000 t/yr gross, ~43,000 t/yr net. Delivery subject to permits and MRV registration.
| Planned investment | RMB 460 million |
|---|---|
| Site | ~94-mu industrial plot in Jinpaigang (recommended, March 2026) |
| Construction | Subject to approvals |
| Storage | CNPC Southern Oilfield (MOU in progress) |
Captura's 1,000 t/yr pilot at Kona, Hawaiʻi, in operation since February 2025. Image: Captura.
Delivery control.
What we control, what we depend on, and what we do not.
We control
Engineering and delivery
- Plant design under the Captura agreements (FEL-1)
- Construction management and commissioning
- MRV design, monitoring and data collection
- Offtake contracting and delivery scheduling
We depend on
Permits and partners
- EIA, sea-use approval and land allocation
- CO₂ storage agreement with CNPC Southern Oilfield
- Power purchase agreement with CHN Energy
- Grid connection
- Captura's FEL-1 deliverables
Outside our control
Policy and market
- Permitting and approval timelines
- Carbon market and registry rules
- International buyer demand
- Weather and construction conditions
Where things stand.
Signed
- Captura – China MOU (August 2024)
- Captura services agreement and SOW-001 (November 2024)
- CHN Energy (Hainan) power MOU, non-binding (April 2026)
Issued
- Lingao site-intent letter (March 2026)
Accepted
- Park admission application (March 2026)
In discussion
- CO₂ storage MOU with CNPC Southern Oilfield
- Further agreements with Captura
Planned
- Construction, commissioning and expansion
Why this site works for DOC.
86cm/s
Maximum surface current (design threshold ≥50 cm/s)
1.8m
Mean tidal range
0.2–0.6m
Significant wave height
50–100m
Intake distance offshore, water depth 3–5 m
Source: Jinpaigang master plan (2020–2035), as cited in project documents.
What has happened, and what comes next.
Aug 2024
Captura MOU
China MOU signed, covering FEL-1.
Nov 2024
Services agreement
FEL-1 scope and SOW-001 signed.
Mar 2026
Site and admission
Apr 2026
Power MOU
Next
Construction
