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EnLink inks CO2 transport and storage agreement with ExxonMobil

EnLink will use its existing pipelines and new facilities to deliver CO2 to ExxonMobil's CO2 storage location under development in Louisiana.

EnLink Midstream has entered into a transportation service agreement with a subsidiary of ExxonMobil Corporation, according to a press release.

EnLink will use portions of its existing pipeline network, as well as new facilities, to deliver CO2 from the Mississippi River corridor in southeastern Louisiana to ExxonMobil’s 125,000-acre CO2 storage location under development in Vermilion Parish.

The TSA includes industry-standard terms and conditions for the provision of transportation services. Ultimate available reserved capacity under the agreement is up to 10 million metric tonnes per year, with initial reserved capacity of 3.2 million metric tonnes per year, beginning early 2025.

“EnLink is uniquely positioned to serve customers in the region given our extensive pipeline infrastructure already in the ground,” EnLink CEO Jesse Arenivas said in the release. “The Mississippi River corridor emits approximately 80 million metric tonnes of CO2 per year and has one of the highest concentrations of industrial CO2 emissions in the United States.”

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