DOE loans $2bn to Lake Charles for carbon capture technology

Manufacturing smoke stack

The US Department of Energy (DOE) has offered a conditional commitment to guarantee loans of up to $2bn to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon (CO2) capture technology in Lake Charles, Louisiana.

You must be a subscriber to read this content

If you already subscribe, please sign-in now

Subscribe to Gas World


Get instant access to must-read content today!

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Don’t just stay connected, stay at the forefront – join gasworld and become a subscriber to access all of our must-read content online from just $310.