About Lake Charles Methanol II
A $5 Billion Low-Carbon Hydrogen to Blue Methanol Project
Lake Charles Methanol II is a Clean Hydrogen project near Lake Charles, LA that will produce low-carbon hydrogen that will be synthesized into 3.6 mm metric tons of Blue Methanol.
The Project embodies the new hydrogen economy, producing a multi-use hydrogen carrier fuel.
The Project will reduce carbon emissions 99% in the production of hydrogen and will capture and sequester 1 mm metric tons of CO2 per year.
The Project is working with the Department of Energy to complete a guarantee debt financing.
The Project has a long-term agreement to permanently sequester 100% of its captured CO2 with Denbury Resources.
The Project Team consists of a diverse group of individuals who have worked together for many years and have experience in finance, engineering, construction, law, operations, and project development.
See an informative video from the Methanol Institute about methanol as a clean fuel below: