Title: Carbon Capture and Storage The Trinidad
1Carbon Capture and StorageThe Trinidad Tobago
Landscape
- Charles Percy
- President
- South Trinidad Chamber of
- Industry Commerce
- 9 November 2009
2Trinidad Tobago Fast Facts
- Twin-island state in the Caribbean
- Population 1,300,000
- Language English
- Parliamentary democracy
- Legal system based on English common law
- GDP (2008)29 billion (est)
- Ethnically diverse Two groups dominate -East
Indian 40 and Africans 39
3Trinidad Energy Industry Overview
- Energy Sector - 44.3 of GDP 46 of Govt
revenues 80 of exports 3.4 of jobs - Petrochemicals 6.2 of GDP with 27.4 rise in
output in 2005 - 4 billion SCF natural gas and 120,000 barrels of
oil per day - 1 gas processing plant 11 ammonia plants 7
methanol plants 2 steel 1 integrated AUM
complex (commissioning) - 4 LNG plants 1 refinery
- Proven gas reserves - 18.75 tcf
Energy Map of Trinidad Tobago 2007 Edition
4Climate Change In Trinidad Tobago
Global Surface Temperature Trend 1850-2005
- Scientist predict sea levels could rise by 15-50
cm by the year 2100 as a result of global warming
(IPCC 2007)
5Trinidads CO2 Contribution
CO2 Emissions Comparisons (2006)
TTs CO2 Emissions by Sector (2007)
Source UTT, Boodlal Furlonge (2009)
Source Wikipedia
6What are we proposing?
7Why CCS?
- Geology
- Large number of depleted oil reservoirs on-shore
and off-shore - Geology well mapped and understood (100 years of
production)
8Why CCS?
- Geology
- Large number of depleted oil reservoirs on-shore
- Geology well mapped and understood (100 years of
production) - Geography
- Oil reservoirs in close proximity to point
sources of C02 - Pipeline rights of way between CO2 point sources
and depleted oil reservoirs
9Major point sources of CO2 in close proximity to
mature oil fields
North Coast Gas Fields
Oil fields
Gas fields
Gas pipelines
Oil pipelines
80km
Point Lisas Industrial Estate
Pure CO2 4.3 mtpa Flue gas 13.7 mtpa
Point-a-Pierre Refinery
South East Coast Gas Fields
Flue gas 3.9 mtpa
Atlantic LNG
59 km
10Why CCS?
- Geology
- Large number of depleted oil reservoirs on-shore
- Geology well mapped and understood (100 years of
production) - Geography
- Oil reservoirs in close proximity to point
sources of C02 - Pipeline rights of way between CO2 point sources
and depleted oil reservoirs - People
- Experienced engineers (reservoir, chemical,
plant, environmental) - Strong Universities with research capacity (UWI,
UTT) - Experienced and world-class service companies
- Experience in enhanced oil recovery
11Business Opportunities in CCS
- Short-term
- Enhanced Oil Recovery
- One company already using CO2 in EOR
- Significant potential for expansion, but needs
cheaper sources of CO2 by pipeline. - Research
- TT excellent location for research into CCS.
- Potential for University or company-based
research projects/pilot projects into CCS
12Business Opportunities in CCS
- Long-term
- A modified Clean Development Mechanism to offer
significant investment opportunities in CCS in
Trinidad Tobago. - Opportunities through bi-lateral agreements with
existing national/regional Cap Trade markets. - Business opportunities for trading in carbon
credits through a TT based exchange, including
other regional credits.
13Business Opportunities in CCS
14Overview of CO2 Capture Processes
Source IPCC Special Report Carbon Capture and
Storage 2005
- Post combustion and ammonia by-product capture
are the sensible options for Trinidad
15Thank You!