ExxonMobil has joined forces with the New Generation Gas Gathering (NG3) project to capture and store up to 1.2 million metric tons of carbon dioxide annually from their Louisiana facility.
This brings the total amount of CO2 the oil and gas giant has agreed to store for customers up to 6.7 million tons per year.
NG3 will collect and process natural gas from eastern Texas and Louisiana, delivering it to markets along the U.S. Gulf Coast, including for liquefied natural gas (LNG) exports.
This partnership marks a significant step forward for ExxonMobil’s carbon capture and storage (CCS) technology as more industries seek to reduce their emissions.
NG3 is the first natural gas customer to utilize ExxonMobil ‘s CCS infrastructure, and the project marks Exxon’s fifth carbon capture initiative to date.
Relevant: MHI Delivers CO2 Compressor For Carbon Capture Project By ExxonMobil In Wyoming
ExxonMobil’s extensive CCS network, spanning over 1300 miles of pipelines and numerous high-quality storage sites across the US Gulf Coast, provides NG3 with a reliable solution for carbon sequestration.
Leveraging decades of experience in subsurface projects, ExxonMobil is committed to safe and efficient operations.
By collaborating with major emitters in hard-to-abate sectors, ExxonMobil aims to accelerate the energy transition through practical and effective solutions.
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