The Low Emissions Technology Development Fund (LETDF) aims to demonstrate the commercial potential of new technologies and processes to deliver long-term large-scale greenhouse emissions reductions.
The Gorgon Carbon Dioxide Injection project
The Gorgon Carbon Dioxide Injection project is a commercial-scale demonstration project capturing carbon dioxide (CO2) from natural gas produced by the Gorgon project off the coast of Western Australia. Chevron operates this project in Australia on behalf of the six joint venture partners:
Chubu Electric Power.
The project will be the world’s largest commercial scale carbon dioxide injection facility. It will inject CO2 into a deep reservoir more than two kilometres beneath Barrow Island.
Once operating at full capacity, this project will inject between 3.4 and 4 million tonnes of CO2 a year. Global greenhouse gas emission over the life of the project are anticipated to reduce by approximately 100 million tonnes.
The Gorgon Carbon Dioxide Injection Project is believed to be the largest greenhouse gas mitigation project undertaken by industry globally.
The injection project is an integral component of the Gorgon Project. It will reduce emissions from that project by approximately 40 per cent. The Australian Government has contributed $60 million to the capital cost of this project.