REG-TotalEnergies SE TotalEnergies: United States: Launch of Carbon Capture Project to Decarbonize Liquefied Natural Gas Production at Cameron LNG

TotalEnergies SEAnnouncement

23/05/2022 12:45

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TotalEnergies: United States: Launch of Carbon Capture Project to Decarbonize
Liquefied Natural Gas Production at Cameron LNG

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with
Sempra Infrastructure, Mitsui & Co., Ltd. and Mitsubishi Corporation for
the development of the Hackberry Carbon Sequestration (HCS) project at Cameron
LNG, a natural gas liquefaction and export facility located in southwest
Louisiana, U.S.

The HCS project is primarily designed for capture, transportation, and storage
of carbon dioxide (CO(2)) from Cameron LNG. The CO(2) will be captured by the
acid gas removal units, dehydrated, compressed, and transported by pipeline
about 10 kilometers away. It will then be permanently stored in a saline
aquifer using an injection well with a capacity of up to 2 million tons of
CO(2 )per year. In August 2021, the HCS project filed an application with the
U.S. Environmental Protection Agency (EPA) for the construction permit of such
an injection well – the first application to be accepted by the EPA in
Louisiana.

“We are pleased to join force with our partners to significantly reduce
CO(2) emissions at Cameron LNG export terminal, thus enabling us to supply our
customers with low-carbon LNG, a key fuel for the energy transition and a
valuable asset for diversifying Europe’s energy supply,” said Thomas
Maurisse, Senior Vice President LNG at TotalEnergies. “This project, aiming
at reducing greenhouse gas emissions associated with the LNG value chain, is a
concrete illustration of TotalEnergies’ sustainability and climate strategy
implementation.”

“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 LNG for its
customers,” said Justin Bird, CEO of Sempra Infrastructure. “This project
is expected to be among the first North America carbon capture facilities
designed to receive and store CO(2) from multiple sources, and our goal is for
this facility to set the gold standard for safe and permanent CO(2) storage”

Development of the Hackberry Carbon Sequestration project remains subject to
definitive agreements, obtaining the necessary permits, and all partners
reaching a final investment decision.

***

TotalEnergies and Carbon Capture and Storage (CCS)

TotalEnergies’ focus is first to avoid then to reduce its emissions by
developing and deploying a systematic approach, asset-by-asset, to implement
the best available technologies. In particular, the Company is developing
industrial projects for carbon capture, transport, and storage (CCS). Backed
by core competencies in large-scale project management, gas processing and
geosciences, TotalEnergies is on track to achieve its ambition of developing
storage capacity of 10 million metric tons of CO2 per year by 2030 through
significant industrial projects such as Northern Lights in Norway and Aramis
in the Netherlands. Through all its CCS projects, the Company will reduce its
own emissions and those of its customers.

TotalEnergies, The World’s Third-Largest Low-Carbon LNG Company

TotalEnergies is the world’s third-largest low-carbon LNG company, with a
global market share of around 10% and a global portfolio of nearly 50 Mt/y by
2025 thanks to its interests in liquefaction plants in all geographies. The
Company benefits from an integrated position across the LNG value chain,
including production, transportation, trading, and LNG bunkering.
TotalEnergies ambition is to increase the share of natural gas in its sales
mix to 50% by 2030, reduce the gas value chain’s carbon emissions, eliminate
methane emissions, and work with local partners to promote the transition from
coal to natural gas.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies: oil and biofuels, natural gas and green gases, renewables and
electricity. Our 100,000 employees are committed to energy that is ever more
affordable, cleaner, more reliable and accessible to as many people as
possible. Active in more than 130 countries, TotalEnergies puts sustainable
development in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).

TotalEnergies 

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