Enbridge and Oxy Low Carbon Ventures (OLCV) announced that they intend to work towards jointly developing a carbon dioxide (CO2) sequestration hub in the Corpus Christi area of the Texas Gulf Coast.
he project would provide a complete CO2 solution for area emitters through the development of a pipeline transportation system and sequestration facility.
Enbridge and OLCV will advance the development of a sequestration hub and associated transportation infrastructure. Enbridge would develop, construct, and operate the pipeline facilities and OLCV would develop, construct, and operate the sequestration facilities.
The hub is expected to provide CO2 solutions for Enbridge’s proposed facilities as well as other point source emitters in the Corpus Christi area.
Enbridge and OLCV will also market the CO2 pipeline transportation and sequestration services to other third-party CO2 point source emitters in the Ingleside and Corpus Christi areas.
This collaboration will help accelerate the path to net zero not only for ourselves, but for other organizations who are exploring end-to-end solutions to capture, transport and permanently store CO2
said Jeff Alvarez, President and General Manager, Sequestration, Oxy Low Carbon Ventures.