Crescent Midstream tapped for $1B carbon capture project in Louisiana

Crescent Midstream has been tapped to work on a $1 billion project that would be one of the largest carbon capture and storage (CCS) projects in the United States.

The CCS project in Lake Charles, La., is capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy Louisiana-owned natural gas-fueled power plant.

This collaborative effort between Entergy, Crescent, and SAMSUNG E&A, and Honeywell is expected to capture up to three million tonnes of CO2 per year.

“Corporate sustainability is a core value at Crescent Midstream. We are proud to apply our extensive midstream expertise to this project to create the vital connection between carbon dioxide emission sources and permanent underground storage. Large-scale carbon capture and sequestration has enormous potential to reduce greenhouse gas emissions, and we look forward to helping demonstrate that in one of the highest emitting regions in the United States,” Jerry Ashcroft, CEO of Crescent Midstream, said.

As part of the project, Crescent would apply its extensive onshore and offshore pipeline construction and operations experience to facilitate the safe transportation of CO2 from emitters to permanent underground storage facilities.

Louisiana is the second largest CO2-emitting state in the country, with most of those emissions coming from the lower Mississippi River Industrial Corridor, which produces more than 72 million tonnes of CO2 emissions per year. Overall, about 66 percent of the state’s CO2 emissions come from industrial sources, and 13 percent comes from electric power generation.

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