Page 14 - NorthAmOil Week 07 2023
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NorthAmOil                             PROJECTS & COMPANIES                                       NorthAmOil


       Freeport receives LNG vessel





        TEXAS            ON February 10, Freeport LNG welcomed its  mid-March at the earliest.
                         first LNG vessel since the export facility was shut   Meanwhile, some of Freeport’s biggest cus-
                         down following a fire and subsequent explosion  tomers, JERA and Osaka Gas, have both revealed
                         in June 2022.                        that they do not expect to receive any shipments
                           The Kmarin Diamond, operated by a unit of  until April at the earliest. The two companies,
                         BP, arrived at the US’ second-largest export plant,  which are Freeport’s main buyers along with BP,
                         which is located on Quintana Island, Texas,  TotalEnergies and SK E&S, have suffered mil-
                         according to ship tracking data from Refinitiv.  lions of dollars of losses from the eight-month
                           US natural gas futures surged by 5% in  outage at the plant.
                         post-settlement trade following the news of the   When operating fully, Freeport can take in
                         vessel’s arrival combined with revised forecasts  2.1 bn cubic feet (59.5mn cubic metres) per day
                         for colder weather and greater heating demand  of gas. However, since January 26, when federal
                         in late February. Meteorologists forecast that  regulators granted permission for the company
                         temperatures would begin turning colder than  to begin cooling parts of the plant, the facility
                         usual from February 24.              has taken in an average of just 35mn cubic feet
                           Freeport has indicated that it will begin  (991,200 cubic metres) per day of gas.
                         moving gas to one of the facility’s three liq-  While a number of tankers have turned away
                         uefaction trains and received the green light  from Freeport in recent weeks, the Kmarin Dia-
                         from federal regulators on February 9 to return  mond, along with a handful of other vessels, has
                         ship-loading to service to create space in its  been waiting in the US Gulf of Mexico to load the
                         storage tanks.                       super-chilled gas from the export facility. Indeed,
                           Nevertheless, many energy analysts  several other vessels are expected to arrive at
                         have indicated that they do not expect the  Freeport in the coming two weeks according to
                         export facility to reach full capacity until  Refinitiv data.™


                                               ENERGY TRANSITION

       ExxonMobil selects technology providers




       for planned blue hydrogen plant





        TEXAS            EXXONMOBIL has selected two providers of  to what Honeywell deployed at Wabash Valley
                         decarbonisation technologies – Honeywell and  Resources’ blue hydrogen plant in Indiana in
                         Topsoe – to support its planned blue hydrogen  2021.
                         facility at its Baytown refining and petrochem-  Separately, Topsoe said its SynCOR hydrogen
                         ical complex on the Texas Gulf Coast. Blue  technology would be used to enable ExxonMobil
                         hydrogen production is one of the lower-carbon  to produce hydrogen at “mega scale”. The Syn-
                         methods of hydrogen production, entailing a  COR autothermal reformer produces hydro-
                         carbon capture and storage (CCS) component  gen by making methane react with oxygen and
                         to capture emissions from the process.  steam.
                           Honeywell and Topsoe released separate   ExxonMobil’s low-carbon hydrogen facil-
                         announcements on February 15, detailing how  ity is anticipated to produce up to 1bn cubic
                         their technologies would be deployed at the  feet (28.3mn cubic metres) per day of hydro-
                         project.                             gen. It will be delivered to the Baytown olefins
                           Honeywell  said  ExxonMobil would  be  plant and other facilities in the Houston area.
                         deploying one of its carbon capture technologies  Replacing natural gas with hydrogen at the ole-
                         – the CO2 Fractionation and Hydrogen Purifi-  fins plant could reduce the integrated complex’s
                         cation System – at the planned hydrogen facility.  CO2 emissions by up to 30%, according to the
                         This technology is expected to allow ExxonMo-  announcements.
                         bil to capture about 7mn tonnes per year (tpy) of   Topsoe and Honeywell will collaborate
                         carbon dioxide (CO2), or more than 98% of the  in order to deliver an integrated solution
                         hydrogen facility’s associated CO2 emissions.  for the hydrogen facility. Topsoe noted that
                           According to the announcement, the carbon  in its role as technology integrator, it will
                         capture technology will be integrated into the  guarantee the carbon intensity of the facility
                         facility’s design. The system will use a pressure  including both the hydrogen production and
                         swing adsorption cryogenic technology similar  carbon capture components.™



       P14                                      www. NEWSBASE .com                       Week 07   16•February•2023
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