Page 7 - AsianOil Week 36 2021

AsianOil SOUTHEAST ASIA AsianOil

The regulatory approval comes as BP pursues in Indonesia. Earlier in August, Japan’s Inpex
its goal of net-zero emissions by 2050, with inter- pushed back an FID on the Abadi LNG project,
mediate targets to be met along the way as well. attributing the delay in part to the pandemic, but
“These developments demonstrate how also saying it may consider redesigning the pro-
Tangguh continues to be a strategic fit in BP’s ject to have a CCUS component.
portfolio,” stated BP’s executive vice-president In the US, meanwhile, Venture Global LNG
for gas and low-carbon energy, Dev Sanyal. recently unveiled plans to develop CCS capacity
“Ubadari is a clear example of a value-focused to serve its Calcasieu Pass liquefaction terminal
gas development. And the Vorwata CCUS-EGR – which is currently under construction – and its
project will be a significant milestone for BP, with proposed Plaquemines LNG plant.
the potential to make a material contribution to While it will take time for the CCS capacity
our aims to reduce operational emissions.” to be built, this puts Venture Global on course
Tangguh is currently the largest gas pro- to become the first US LNG producer to deploy
ducing field in Indonesia, with output of 1.4bn CCS. Cheniere Energy and Sempra Energy have
cubic feet (39.6mn cubic metres) per day. The also suggested that they would consider options
liquefaction plant comprises two trains, each for developing CCS at their US LNG plants,
with a capacity of 3.8mn tonnes per year (tpy). which are already operational. Again, though,
A third train is under construction, but has seen this will take time.
delays as a result of the coronavirus (COVID-19) CCS would also be a component of plants
pandemic. SKK Migas said in June that it now that are being proposed for the US Gulf Coast
expected Train 3 to enter service in mid-2022. by NextDecade and G2 Net Zero LNG. These
plants are not guaranteed to be built – indeed,
CCS push NextDecade’s Rio Grande LNG recently suf-
CCS technology has yet to be proved on a large fered a blow when a court ordered a review of
scale, including when combined with LNG the project’s environmental impact. Nonethe-
operations. Indeed, Chevron’s failure to meet less, CCS increasingly appears to have a role to
its carbon capture targets at Gorgon thus far are play at new LNG terminals – and potentially
seen by some as a sign that does not bode well for existing ones too.
decarbonising LNG through CCS. Once more LNG-CCS projects are built, it
Nonetheless, the push to develop CCS capac- will become clearer whether others can be more
ity in tandem with LNG is picking up momen- successful than Chevron has been at Gorgon at
tum, including among other companies active capturing emissions.™

Week 36 09•September•2021 www. NEWSBASE .com P7