Overview
- QatarEnergy LNG awarded Samsung C&T the engineering, procurement and construction contract for a carbon compression and transport facility in Ras Laffan.
- The project will compress and dehydrate CO2 from existing LNG plants and send it through a roughly 20-kilometer underground pipeline to depleted gas fields for permanent storage by 2030.
- Samsung C&T said the scope includes sophisticated pressure and temperature control systems to ensure safe CO2 transport.
- QatarEnergy said the system will capture up to 4.1 million tons of CO2 per year and supports its plan to exceed 11 million tons per year of captured CO2 by 2035.
- Samsung C&T framed the deal as a move into carbon compression and transport, while industry data show Korean builders secured $41.33 billion in overseas contracts in January through September.