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TotalEnergies, Novatek to decarbonize LNG production with H2 and renewables

6/1/2021

TotalEnergies and Novatek have signed an MOU to jointly work on sustainable reductions of CO₂ emissions from LNG production, with the use of renewable power, to develop large-scale carbon capture and storage solutions (CCS) and to explore new opportunities for developing decarbonized hydrogen and ammonia. This partnership will leverage the significant low-cost resources of the Yamal and Gydan peninsulas and their large potential for geological storage. Each partner will bring its technologies and combine its know-how to explore and develop projects that will help reduce the carbon footprint of the LNG value chain, using: carbon capture and storage (CCS) energy efficiency renewable sour

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