BKV, EnLink start first carbon capture project in Texas

EnLink Midstream LLC

13/11/2023 13:18

Nov 13 (Reuters) - Energy firms BKV  BKV.N  and Enlink
Midstream  ENLC.N  said on Monday the first injection of carbon
dioxide at a carbon capture and storage (CCS) facility in Texas
was completed ahead of schedule.
    The Barnett Zero CCS facility, to be used as a prototype for
future projects, is expected to achieve an average sequestration
rate of up to 210,000 metric tons of CO2-equivalent per year. 
    EnLink will transport natural gas produced by BKV in the
Barnett shale in north Texas to its Bridgeport processing plant,
where CO2 will be compressed and stored underground in a nearby
well.
    President Joe Biden's administration sees CCS as critical to
reaching the nation's goal of net-zero emissions by 2050 and
includes big tax credits in the Inflation Reduction Act for
related projects.    
    Oil and gas producers including COP28 host the United Arab
Emirates have backed CCS technology for tackling emissions,
while using fossil fuels to produce energy.
    BKV said its second CCS project Cotton Cove, also in Texas,
will begin commercial operations by the end of 2024.   

 (Reporting by Sourasis Bose in Bengaluru; Editing by Anil
D'Silva)
 ((Sourasis.Bose@thomsonreuters.com;))