Can carbon capture and storage solve LNG’s emission problem?

LNG is one of the most emission-intensive resource themes in an energy company’s portfolio. To increase the attractiveness of LNG, many players are considering carbon capture and storage (CCS) alongside renewable energy, electrification and batteries to reduce emissions. LNG players are well placed to lead the CCS charge with strong balance sheets, operational capability and reservoir expertise to achieve success. These companies must be seen to reduce their emissions and there are economic benefits associated with decarbonisation. There are two main opportunities for CCS at an LNG facility: capturing CO2 from the reservoir and capturing post-combustion CO2. Read this insight to find out what factors impact the economics of CCS projects.