Freeport LNG Development and Talos Energy have executed a letter of intent to develop a carbon capture and sequestration (CCS) project, located adjacent to Freeport LNG's natural gas pretreatment facilities on the Gulf Coast in Freeport, Texas.
As one of the first LNG exporters in the United States, Freeport LNG operates one of the largest LNG liquefaction and export facilities in the world, representing one of the largest single natural gas demand points in the state of Texas. Freeport LNG is in the process of adding a fourth train to the facility that will expand its gas liquefaction capacity to more than 20 MTPA.
The companies expect the first injection to occur by the end of 2024. Talos will serve as project manager and operator, and will be joined by its partner, Storegga Geotechnologies, the lead developer of the Acorn CCS project in the United Kingdom.
“As the only all-electric drive facility of its kind in the U.S., our liquefaction facility produces 9