Louisiana
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ExxonMobil will soon own the only company with an interstate pipeline carrying captured carbon dioxide to storage sites. -
The construction of the Calcasieu Pass 2 liquefied natural gas facilities in Cameron Parish is scheduled to start this year.
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The deal is expected to support the LNG exporter’s Sabine Pass liquefaction expansion project.
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The construction of the CP2 LNG facilities in Cameron Parish is scheduled to start this year.
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If the sale closes, the company will lease back the parcel under a 40-year term.
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Plaquemines Phase 2 is the first project to take FID in 2023 and is expected to be the next new LNG capacity in North America.
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The company has tapped Bechtel to complete the front-end engineering and design study of the expansion, which would add 20 mtpa of LNG production capacity.
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At the center of a rush to build carbon storage is the state of Louisiana, where the number of applications to build long-term storage is equal to half the sites operating globally.
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The next drilling target will look for reserves in three different plays in Louisiana.
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Tellurian awarded a contract that will result in the first application of the service provider's integrated compressor line technology in North America.
