Home Offshore Energy ExxonMobil signs its largest CO2 offtake agreement with Linde

ExxonMobil signs its largest CO2 offtake agreement with Linde

Linde, a leading maker of industrial gases, will be the foundational customer for an ExxonMobil carbon capture and storage network in the Port Arthur/Beaumont area in Texas.

Under terms of an agreement announced April 4 , we’ll transport and permanently store up to 2.2 million metric tons of CO2 a year  from Linde’s new hydrogen plant in Beaumont, scheduled to start in 2025. That plant will supply clean hydrogen and nitrogen to a world-scale blue ammonia plant being built by OCI Global.

The agreement with Linde is our largest commercial CO2offtake agreement to date, equivalent to the emissions from nearly half a million gasoline-powered cars*.

It’s also the latest expansion of our CCS activity in the Gulf Coast. Our low-carbon hydrogen project in Baytown, Texas, will capture more than 7 MTA; our CCS project in Louisiana will store up to 2 MTA for CF Industries, a leading maker of agricultural fertilizer, who is the foundational customer for that project.

* per U.S. EPA GHG equivalencies calculator 

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