Kamal Kishore Chatiwal, managing director of gas utility Indraprastha Gas, was speaking at NGV India Summit 2023 which was held in New Delhi on July 20 and 21.
Canada’s Pieridae Energy plans CCS in Alberta
May 27, 2021 4:32:pm
Summary
by: Dale Lunan
Posted in:
Canada’s Pieridae Energy plans CCS in Alberta
Canadian LNG developer Pieridae Energy, which has substantial natural gas assets in the foothills of Alberta acquired in 2019 from Shell Canada, said May 27 it is planning what would be the largest carbon capture and sequestration (CCS) project in Canada.
Located northwest of Calgary, the Caroline Carbon Capture Power Complex (CCCPC) will be a combination of large-scale CCS and blue-power production. It would capture up to 3mn mt of CO
2 annually – equal to the expected emissions from Pieridae’s planned 10mn mt/yr Goldboro LNG terminal in Nova Scotia – and sequester it in the Caroline field’s depleted natural gas reservoirs.
US LNG player Tellurian pays down debt
Mar 16, 2021 2:39:pm
Summary Tellurian, one of the first out of the US gate with LNG, continues its efforts to pay off loans.
by: Daniel Graeber
Posted in:
US LNG player Tellurian pays down debt
US LNG developer Tellurian said March 15 it had cut its debt load significantly after paying down a 2019 load using about $38mn of cash on hand, leaving it with outstanding debt of about $21mn.
“We are planning to pay off the remaining $21mn in debt obligations from upstream generated cash flows and cash on hand in the coming months,” CEO Octavio Simoes said.