CP2

Biden administration pauses new LNG export project permitting

Citing climate crisis concerns, the Biden Administration today announced a temporary pause on pending approvals of liquefied natural gas (LNG) export projects.

The U.S. Department of Energy (DOE) says that it will initiate a process to update the assessments used to inform whether additional liquefied natural gas (LNG) export authorization requests to non-Free Trade Agreement countries are in the public interest.

“The United States is the global leader in LNG exports with 14 billion cubic feet...

https://www.marinelog.com/news/biden-administration-pauses-new-lng-export-project-permitting/

New Louisiana LNG project to employ carbon capture technology

Venture Global LNG is to invest more than $10 billion in a new liquefied natural gas (LNG) facility in Cameron Parish, La., that will employ carbon capture and sequestration technology (CCS) to reduce carbon dioxide (CO2) emissions. Named CP2, the new facility will have a nameplate capacity of 20 million metric tonnes per annum (MTPA) of LNG.

The CCS process will be used to capture and store underground an estimated 500,000 tons of CO2 emissions from the facility annually. The complex will be...

https://www.marinelog.com/inland-coastal/ports-terminals/new-louisiana-lng-project-to-employ-carbon-capture-technology/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.