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Lake Charles Methanol II

USA
Greenfield

Overview

Status
-
Greenfield
Region
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North America
Geography
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USA
State
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Louisiana
Equity Owner
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Lake Charles Methanol II, LLC
Proponent
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Lake Charles Methanol II, LLC
Output
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Blue hydrogen
Carbon capture
Methanol
Type of electricty
-
Capacity
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2 x 5,000 MTPD Blue Methanol
Financing
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Technology
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blue methanol
Topsoe’s SynCOR™
Technical Advisors
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Advisors
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Morgan Stanley (equity raise)
Project Contact
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Don Maley President and CEO of Lake Charles Methanol DMaley@lakecharlesmethanol.com
Lawyers
-
Project Cost
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$3.24 billion
Offtaker
-
Commercial Operations Date
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2027
Decommission Date
-
FID
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June, 2024

Description

Lake Charles Methanol II, LLC is a clean hydrogen project located near Lake Charles, Louisiana, that will use advanced natural gas reforming technology and permanent carbon capture and sequestration to produce low-carbon hydrogen for conversion to blue methanol.

The project utilizes Topsoe’s SynCOR™ technology, which deploys auto-thermal reformers to reform the natural gas and provide for the capture of carbon. Natural gas is converted in the SynCOR™ reactor to hydrogen as well as carbon monoxide and carbon dioxide. The hydrogen and carbon molecules are used in the production of methanol.

Excess carbon dioxide created in the process is separated, compressed, and transported to a geologic storage site for sequestration. The project has a long-term agreement to sequester its captured CO2 with Denbury Resources.

The project, which was first proposed in 2015, was originally going to gasify petroleum coke and convert it to methanol. It pivoted in 2022, and it submitted a new application to the Louisiana Department of Environmental Quality in October 2023.

 



Developer planning $3.2bn methanol plant in Louisiana

Lake Charles Methanol II, LLC (LCM) announced plans to invest $3.24 billion to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port...

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Denbury to transport CO2 for Louisiana blue methanol project

Denbury Carbon Solutions has executed a 20-year definitive agreement to provide CO2 transportation and storage services to Lake Charles Methanol in association with that company’s planned 3.6 MMPTA blue methanol...

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