Page 7 - GLNG Week 21 2022
P. 7
GLNG ASIA GLNG
Gorgon CCS project still
operating at half-capacity
AUSTRALIA THE carbon capture and storage (CCS) project do that and get to the point to meeting the com-
serving the Chevron-led Gorgon LNG terminal mitments that you’ve got.”
in Australia continues to fall short of its perfor- Judd insisted, however, that the CO2 injection
mance targets. systems at the facility were working reliably and
This week, Chevron Australia’s director of that it was only a matter of scaling operations.
operations, Kory Judd, told Reuters that the CCS Chevron and its partners are required to cap-
project was operating at only half of its designed ture a minimum of 80% of the emissions from
capacity and that the company did not have a Gorgon LNG as a condition of the project’s
timeframe for when it would be able to meet its approval. Last year, Chevron bought carbon
carbon capture targets. The project was designed credits as compensation for falling short of the
to capture and sequester 4mn tonnes per year of capture target.
carbon dioxide (CO2), but only managed 2.1mn Judd’s comments come shortly after the Insti-
tpy in 2021. It had previously been slated to reach tute for Energy Economics and Financial Anal-
full capacity last year. ysis (IEEFA) flagged up the underperformance
“We’ve still got a way to go to meet the com- of the Gorgon CCS project in a new report. The
mitment to what we have the injection system institute warned that despite the relative matu-
designed for,” Judd told Reuters in an interview rity of CCS, it “has proved an unreliable technol-
ahead of the Australian Petroleum Production ogy in several cases”.
and Exploration Conference. “What we’re doing The majority of CCS projects globally have
is trying to learn our way through how you inject had “unique engineering challenges” that have
CO2 into the reservoirs, how do they respond, led to underperformance and cost blow-outs, the
then how do you do that reliably and how do you IEEFA added.
Week 21 27•May•2022 www. NEWSBASE .com P7