Inspenet, August 2, 2023.<\/p>\n\n
The US Department of Energy has chosen a consortium led by Repsol to carry out a carbon capture and storage<\/strong> project off the Louisiana coast.<\/p>\n\n In December, the Spanish oil company established an alliance with Crescent Midstream, Cox Operating and Carbon Zero US with the objective of developing a demonstrator that evaluates the feasibility of transport and permanent storage of CO 2<\/sub> on a large commercial scale. It is estimated that the project will have the capacity to contain up to 300 million tons of CO 2<\/sub><\/strong> .<\/p>\n\n It will take advantage of some of the assets of Cox, a company that owns more than 600 wells distributed in 66 fields in the Gulf of Mexico<\/strong> .<\/p>\n\n Last year, Crescent Midstream completed the preliminary engineering and design of a CO 2<\/sub> pipeline system that will run from Geismar to Grand Isle, where the storage facility will be located.<\/p>\n\n The Department of Energy is supporting this initiative, officially called the “Louisiana Offshore CO 2<\/sub> Hub”, through its CarbonSAFE program.<\/p>\n\n CarbonSAFE was established to encourage projects that address the technical challenges associated with capturing CO 2<\/sub> from power plants, other industries, or directly from the atmosphere, as well as increasing the number of storage sites moving toward commercial operation.<\/p>\n\n In addition to its storage developments in Spain, the United Kingdom, Brazil and Indonesia, Repsol has also started, together with the Chinese oil company Sinopec through its Brazilian alliance, a CO capture project2<\/sub> with the aim of using it later in the production of green hydrocarbons, that is, chemical compounds produced without greenhouse gas emissions. greenhouse effect<\/a><\/strong>.<\/p>\n\n In addition to the project underway at Petronor, Repsol has an ambitious plan to create a new eco-fuel plant. In this plant, they will use state-of-the-art technology and CO 2<\/sub> captured at the nearby refinery, which represents a significant technological challenge. The Repsol Technology Lab research center, based in M\u00f3stoles, will lead this innovative project.<\/p>\n\n The objective is to combine green hydrogen, which is produced from renewable sources and generates 100% clean energy, with CO 2<\/sub> as a raw material in the process. This would place Repsol at the forefront of the development of fuels with net zero emissions.<\/p>\n\n On the other hand, Repsol also stands out for its pioneering CO 2<\/sub> storage project at the Sakakemang deposit, located in Indonesia. This project is expected to begin operations this year and will have a volume of reserves of 2 trillion cubic feet of gas<\/strong> .<\/p>\n\nOther Repsol projects<\/h3>\n\n