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U.S. gas export projects reduce emissions to reassure foreign buyers

American liquefied natural gas exporters are making efforts to reduce carbon emissions from new facilities so that new multi-billion dollar projects c ....

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Investing.com Weekly Wrap-Up 28May 2021

Written by Investing.com Staff, Investing.comS&P 500 Snaps 2-Week Losing Streak Amid Renewed Bets on Tech ....

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Venture Global Unveils CCS Plans for Louisiana LNG Facilities - Natural Gas Intelligence

Venture Global Unveils CCS Plans for Louisiana LNG Facilities
Privately held Venture Global LNG Inc. has unveiled plans to capture and sequester up to 1 million tons of carbon dioxide (CO2)/year from its sites in Louisiana, making it the latest liquefied natural gas (LNG) developer to turn to carbon capture and sequestration (CCS) as a way to lower its emissions profile.
Arlington, VA-based Venture Global said Thursday it had already concluded a “comprehensive engineering and geotechnical analysis” ahead of launching the CCS project. The development would transport compressed CO2 from its Calcasieu Pass and Plaquemines LNG sites and inject it “deep into subsurface saline aquifers where it will be permanently stored.” ....

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- Venture Global Launches Carbon Capture...

- Venture Global Launches Carbon Capture...
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Venture Global Launches Carbon Capture and Sequestration Project – Advanced BioFuels USA

(Venture Global) Venture Global LNG announced plans to capture and sequester carbon at its Calcasieu Pass and Plaquemines LNG facilities. Having concluded a comprehensive engineering and geotechnical analysis, the company is launching, subject only to regulatory approvals, a shovel-ready carbon capture and sequestration (CCS) project, compressing CO2 at its sites and then transporting the CO2 and injecting it deep into subsurface saline aquifers where it will be permanently stored.
Through this undertaking, Venture Global will capture and sequester an estimated 500,000 tons of carbon per year from its Calcasieu Pass and Plaquemines liquefaction sites. In addition, the Company anticipates using similar infrastructure to capture and sequester 500,000 tons of carbon per year from the CP2 LNG facility once permitted. Altogether, Venture Global plans to sequester 1 million tons of carbon per year, the equivalent of removing nearly 200,000 cars off the road each year for 20 years ....

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