Sempra Energy, a U.S.-based energy infrastructure company, said on May 23 its liquefied natural gas (LNG) unit has signed a deal with French TotalEnergies SE and Japanese Mitsui & Co Ltd and Mitsubishi Corp to advance a project for carbon capture in Louisiana.
Oil, gas and chemical companies have adopted carbon capture or removal – or the process of storing carbon dioxide emissions deep underground long-term – in order to meet investors’ requirements to cut back on CO2 emissions and thus counteract climate change.
Sempra’s Houston headquarters said that if approved, the Hackberry Carbon Sequestration (HCS) project has the potential to store as much as 2 million tonnes of CO2 per year.
“This project is expected to be among the first North American carbon capture facilities designed to receive and store CO2 from multiple sources,” stated Sempra’s unit CEO Justin Bird.
According to the deal, the firms could enter into a joint venture agreement, Sempra said.
Cameron LNG Phase 1 and 2 export terminals could be the anchor source for the HCS project’s carbon capture and removal, Sempra also reported.