Over the past 24 hours, both Cheniere Energy and Sempra Energy, two of the largest American exporters of liquefied natural gas, announced they were looking to add carbon capture and sequestration capabilities to their projects.
The moves come as the industry works to clean up its image and bring a dozen stalled projects into development by landing contracts with environmentally conscious buyers in Europe and elsewhere.
Sempra is looking at adding technology that would capture and store carbon at its proposed Port Arthur LNG export terminal in Texas and its Cameron LNG plant in neighboring Louisiana, executives said.
LNG exporter, is likewise looking to add carbon capture and storage to its Corpus Christi plant in Texas and Sabine Pass terminal in Louisiana, CEO Jack Fusco said in an earnings call Tuesday.
Still, the moves remain largely hypothetical, with neither company offering up a timeline or a budget for investing in the green projects they floated.
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