CapturePoint Solutions LLC Announces Intended Partnership With Energy Transfer
Energy Transfer LP Common Units (ET)
Last energy transfer lp common units earnings: 2/19 04:10 pm
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Source: Business Wire
Partnership will Evaluate Capture of CO2 from Haynesville Shale Natural Gas Facilities for Deep Underground Sequestration in the Central Louisiana Regional Carbon Storage Hub ALLEN, Texas--(BUSINESS WIRE)--CapturePoint Solutions LLC (CPS), a subsidiary of CapturePoint LLC based in Allen, Texas, announced today that it has signed a Letter of Intent (LOI) with a wholly-owned subsidiary of Energy Transfer (NYSE:ET) to participate in a feasibility study to capture CO2 emissions from Haynesville Shale natural gas production facilities for sequestration in the CPS Central Louisiana Regional Carbon Storage Hub (CENLA Hub). The CENLA Hub has the potential to be one of the largest onshore deep underground carbon storage centers in the United States, with the capacity to permanently secure millions of tons of CO2 annually that might have otherwise been emitted into the atmosphere.Upon completion of the feasibility study in 2022, a positive Financial Investment Decision (FID) based on the com
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