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.™
















































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