Enbridge, Oxy To Develop Corpus Christi CO2 Sequestration Plant

Enbridge and Oxy Low Carbon Ventures (OLCV) intend to work towards jointly developing a carbon dioxide (CO2) sequestration hub in the Corpus Christi area of the Texas Gulf Coast. Enbridge and OLCV intend to explore the joint project, which would provide a complete CO2 solution for area emitters through the development of a pipeline transportation system and sequestration facility. Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide. It is one method of reducing the amount of carbon dioxide in the atmosphere with the goal of reducing global climate change. 

Enbridge would develop, construct, and operate the pipeline facilities and OLCV would develop, construct, and operate the sequestration facilities. The hub is expected to provide CO2 solutions for Enbridge’s proposed facilities as well as other point source emitters in the Corpus Christi area.

Enbridge and OLCV would jointly market the CO2 pipeline transportation and sequestration services to other third-party CO2 point source emitters in the Ingleside and Corpus Christi areas.