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LSB | Lapis Energy | El Dorado Blue Ammonia CCS Project

USA
Feasibility study

Overview

Status
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Feasibility study
Region
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North America
Geography
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USA
State
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Arkansas
Equity Owner
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Lapis Energy, LSB Industries
Proponent
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Lapis Energy, LSB Industries
Output
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Blue ammonia
Carbon Capture and Storage (CCS)
Type of electricty
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Capacity
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450,000 metric tons of CO2/year | Blue ammonia: 375,000 tons/year
Financing
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Technology
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NG w CCUS
Technical Advisors
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Advisors
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Project Contact
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Fred Buonocore, CFA, Vice President of Investor Relations (405) 510-3550 fbuonocore@lsbindustries.com
Lawyers
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Vinson & Elkins
Project Cost
-
Offtaker
-
Commercial Operations Date
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2025
Decommission Date
-
FID
-

Description

LSB Industries and Lapis Energy are developing a project to capture and permanently sequester CO2 at LSB’s El Dorado, Arkansas facility.

The CO2 is produced as a by-product of LSB’s ammonia production at the facility. The CO2 will be injected into deep geological formations largely located under LSB’s existing 1,400-acre plant site.

Lapis, backed by Cresta Fund Management, a Dallas-based middle-market infrastructure investment firm, will make 100% of the capital investment required for the project development. The project will commence immediately, with expected completion by 2025, subject to the approval of a Class VI permit, at which time CO2 injections will begin.

Once operational, the project at the El Dorado site will initially capture and permanently sequester more than 450,000 metric tons of CO2 per year in underground saline aquifers, with the potential to increase this quantity.

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