ExxonMobil and Linde Ink CO2 Offtake Agreement
Oil super major and petrochemical company ExxonMobil has signed a long-term agreement with industrial gases and engineering company Linde for the offtake of CO2 from Linde’s new hydrogen production facility in Beaumont, Texas, US.
Under the agreement, ExxonMobil is expected to transport and store up to 2.2 million metric tonnes of carbon dioxide each year from Linde’s hydrogen facility, the equivalent of removing emissions from approximately half a million cars annually.
Dan Yankowski, Senior Vice President Americas, Linde, said: “Clean hydrogen is a key enabler of industry’s transition to a low-carbon economy. Working with ExxonMobil as the carbon dioxide off-taker at our Beaumont project supports Linde’s strategy to decarbonise customer processes while safely and reliably supplying low-carbon hydrogen at scale.”
Dan Ammann, President of ExxonMobil Low Carbon Solutions, commented: “ExxonMobil’s agreement with Linde underscores our growing momentum in providing industrial customers with large-scale solutions to sequester carbon dioxide emissions. Linde’s Beaumont clean hydrogen project is another significant step towards achieving heavy industry’s decarbonisation and net zero goals.”
In March, Linde announced that it will build an on-site complex to supply clean hydrogen and nitrogen to OCI Global’s world-scale blue ammonia plant in Beaumont, Texas.
Linde’s plant is slated to begin operations in 2025 and will be part of its US Gulf Coast gas infrastructure. It will supply clean hydrogen to new and existing off-takers across the network.