Denbury Expecting CO2 Pipeline Expansion as Part of Blue Methanol Project Partnership

Denbury Inc. subsidiary Denbury Carbon Solutions LLC has inked a 20-year agreement with Lake Charles Methanol LLC (LCM) to provide carbon dioxide (CO2) transportation and storage for LCM’s $4 billion project to convert natural gas into hydrogen, and ultimately blue methanol. 

Denbury said it intends to construct a new pipeline from the Lake Charles industrial area to its Green Pipeline in order to transport LCM’s captured CO2. The enhanced oil recovery (EOR) company indicated the new pipeline could allow for additional CO2 transportation and storage out of Lake Charles.

For the Plano, TX-based independent, the “pipeline network expansion into the Lake Charles area will position Denbury to help other industrial customers in the area decarbonize their businesses,” said...