Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Developer: Hydrogen-to-methanol project near Terminal 1 ‘on track’ pending permits, financing
Summary
Project representative Linda Miller told the Port of Lake Charles board the hydrogen-to-methanol facility has off-take agreements and natural-gas arrangements and is pursuing permits and bank-backed financing after DOE delays; equipment bids expected in September and a close targeted by year-end.
Linda Miller, a project representative, told the Port of Lake Charles board on July 22 that a proposed hydrogen-to-methanol plant adjacent to Terminal 1 has its off-take agreements in place and is advancing permitting, contracting and financing.
Miller said the project will capture CO2 and ship it to Denbury, now owned by Exxon, and that natural gas supply arrangements are in place with BP while Sempra will build the pipeline. She described a land-lease option with the port that would become a 40-year lease with two 10-year extension options if executed.
On permitting, Miller said the state environmental agency (LDEQ) has requested additional air-quality modeling…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
