Sempra Infrastructure has signed a participation agreement with TotalEnergies, Mitsui & Co. and Mitsubishi Corp. for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana. Financial terms were not disclosed.
The participation agreement contemplates that the combined Cameron LNG Phase 1 and proposed Phase 2 export projects potentially would serve as the anchor source for the capture and sequestration of carbon dioxide by the HCS project. It also provides the basis for the parties to enter into a joint venture with Sempra Infrastructure for the HCS project.
The project has applied for the permanent storage of as much as to 2 million tons of carbon dioxide per year.
“We are excited to advance the development of the Hackberry Carbon Sequestration project, the first of Sempra Infrastructure's net zero solutions projects, to help Cameron LNG produce cleaner liquefied natural gas (LNG) for its customers,” said Justi