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According to the Oil & Gas Journal website on May 27, Global Venture Capital LNG plans to capture and sequester carbon at its 10 million tons/year Calcasieu Pass and 20 million tons/year Praquemine LNG plants.
After completing a comprehensive engineering and geotechnical analysis, Global Ventures LNG is launching a carbon capture and storage project that only requires regulatory approval to compress carbon dioxide on its site and transport it to the saline-alkali aquifer Permanent storage.
Governor John Bell Edwards said: "I am very pleased to learn that global venture capital LNG has discovered a significant opportunity for the capture and storage of carbon dioxide in Louisiana, which shows that Louisiana is in a position of infrastructure, industry, geology, and policy.
Wang Lei is an excerpt from Oil & Gas Journal
The original text is as follows:
Venture Global LNG launches 1-million tpy CCS plans
Venture Global LNG Inc.
Having concluded a comprehensive engineering and geotechnical analysis, Venture Global is launching, subject only to regulatory approvals, a shovel-ready carbon capture and sequestration project, compressing CO2 at its sites and transporting it to saline aquifers where it will be permanently stored.
“I am pleased to learn that Venture Global LNG has identified significant opportunities for CO2 capture and sequestration in Louisiana,” said Gov.
