Page 10 - GLNG Week 06 2022

GLNG AMERICAS GLNG

Cedar LNG awards FEED contract

PROJECTS & CANADA’S Cedar LNG announced this week interim president and CEO, Scott Burrows.
COMPANIES that it had awarded a front-end engineering and Cedar LNG’s CEO, Doug Arnell, also talked
design (FEED) contract to Black & Veatch and up the project’s low carbon footprint in the
Samsung Heavy Industries for its proposed float- statement.
ing LNG (FLNG) project. The FEED contract Cedar LNG anticipates making a final invest-
covers the project’s floating liquefaction, storage ment decision (FID) on the project in 2023, after
and offloading unit. the environmental assessment process is due to
Pembina Pipeline and the Haisla Nation are be completed. It would then be expected to enter
partners in Cedar LNG. Pembina acquired a 50% service in 2027.
interest in the project last year. Progress on Cedar LNG comes amid
The proposed 3mn tonne per year (tpy) increased talk of a revival for stalled LNG pro-
facility would be the largest First Nations- posals across North America as prices for the
owned infrastructure project in Canada, super-chilled fuel remain high and demand
according to Haisla Nation Chief Councillor shows no sign of declining.
Crystal Smith. Most of the proposed North American devel-
Cedar LNG said in its February 8 statement opments are located on the US Gulf Coast, but
on the FEED contract that it had also recently current market conditions are also improving
applied for an environmental assessment cer- prospects for certain Canadian proposals. For
tificate (EAC) from the British Columbia Envi- example, Pieridae Energy said in late January
ronmental Assessment Office. This moves the that it was considering redesigning its stalled
project into the 180-day application review Goldboro LNG project in Nova Scotia to be a
phase. smaller, floating facility.
“The submission of our application for an “I think we’re moving into a different phase
EAC represents another significant step forward of energy worldwide pricing and that’s one of
in exporting Canadian LNG to overseas markets, the reasons why we continue to work on the pro-
while supporting long-term prosperity for the ject,” Pieridae’s CEO, Alfred Sorensen, told BNN
Haisla Nation and the region,” stated Pembina’s Bloomberg at the time.™

OCEANIA

Inpex unveils plans for Ichthys CCS project

ENERGY JAPAN’S Inpex has unveiled plans to build liquefaction capacity over the coming years,
TRANSITION a carbon capture and storage (CCS) project raising it to 9.3mn tpy by 2024 and potentially
at its Ichthys LNG terminal in Australia. The further around 2030. This would likely result in
plans, described in Inpex’s long-term strategy increased CO2 emissions as well.
and medium-term business plan, which was The Ichthys facility already has CO2 separa-
unveiled this week, form part of the company’s tion and capture equipment, according to Nik-
push to achieve net zero greenhouse gas (GHG) kei Asia. The newspaper reported that Inpex
emissions by 2050. was in discussions with a number of non-Japa-
According to the plans, Inpex will introduce nese companies that have expertise in CCS and
CCS to Ichthys in the late 2020s. Initially, it will was aiming to enter into a collaboration for the
inject at least 2mn tonnes per year (tpy) of car- project.
bon dioxide (CO2) produced by Ichthys LNG, Inpex said it was planning to invest up to
but ultimately it could be expanded to capture up JPY4.4 trillion ($38bn) into growth areas over
to 7mn tpy of CO2. The company said it wanted the nine years between now and 2030, including
to play a leading role in establishing a CCS hub in up to JPY1 trillion ($8.7bn) into decarbonisation
Darwin, in Australia’s Northern Territory. initiatives including ammonia and hydrogen.
The CCS project is estimated to cost After it establishes its CCS project at Ichthys it
JPY100bn ($865mn) and would be one of the hopes to harness the know-how gained from
world’s largest. developing that scheme and apply it to a future
The Ichthys LNG terminal has the capacity to venture in Japan. CCS is not currently viable in
produce 8.9mn tpy of LNG, and is estimated to Japan as a result of the regulatory environment,
have CO2 emissions of around 7.6mn tpy. How- though Inpex appears hopeful that this will
ever, Inpex is planning to expand the project’s change in the future.™

P10 www. NEWSBASE .com Week 06 11•February•2022