ExxonMobil has signed its fourth carbon capture and storage (CCS) agreement with CF Industries in Yazoo City, Miss., reports World Oil. The project aims to transport and store up to 500,000 metric tons of CO2 annually from CF Industries’ nitrogen products complex, reducing the site’s CO2 emissions by approximately 50%. The startup is planned for 2028.
This agreement brings the total CO2 ExxonMobil has committed to storing for customers to 5.5 million metric tons per year, equivalent to replacing about 2 million gasoline-powered cars with electric vehicles.
ExxonMobil owns the largest CO2 pipeline network in the country. The first site to connect to the network will be CF Industries’ facility in Donaldsonville, with a startup scheduled for 2025. Read more.
