17 December 2009 17:21 [Source: ICIS news]
TORONTO (ICIS news)--Air Products is moving forward with a carbon dioxide (CO2) capture project at a refinery in Port Arthur, Texas, the US-based industrial gases major said on Thursday.
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Air Products said it signed a cooperative agreement with the US Department of Energy (DOE) to begin phase one of a potential two-phase project to design and construct a state-of-the-art system to capture CO2 from its steam methane reformers at the refinery.
The DOE is helping to fund phase one with $901,874 (€622,293) from a $1.4bn carbon capture and storage (CCS) programme under the American Recovery and Reinvestment Act.
The project could receive more funding next year, Air Products added.
According to DOE information, the project could deliver over 1m tonnes/year of CO2 via pipeline for sequestration into the Oyster Bayou oilfield in Texas for enhanced oil recovery.
US Energy Secretary Steven Chu said in October he believed that carbon capture and storage could be commercially viable within ten years, but reaching that goal would require major effort by global governments and industry.
However, some experts have doubted if such projects can ever be practical or cost-effective.
($1 = €0.69)
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