Long-term agreement represents a new model for delivering decarbonization benefits across heavy transport and chemical industries
eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings to purchase carbon dioxide (CO2) captured from Kinetik's gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon electrofuels (eFuels).
Infinium eFuels are created through a proprietary process using waste CO2 and green hydrogen derived from renewable power.
"There are many roles to be played in the energy transition, and this partnership shows that eFuels production and utilization is truly a win-win for all in the energy industry," said Infinium CEO Robert Schuetzle. "It's great to welcome Kinetik into our community of companies seeking beneficial reuse solutions for its CO2. The agreement demonstrates major progress and shows Kinetik's leadership relative to the existing traditional oil and gas sector's carbon emissions strategies."
Under the terms of the agreement, a subsidiary of Kinetik will dedicate CO2 from one of its amine gas processing facilities in West Texas to Infinium for use at its previously announced second eFuels project called Project Roadrunner.
Project Roadrunner will deliver products into both U.S. and international markets. It will primarily produce Infinium eSAF, a sustainable aviation fuel with the potential to significantly reduce the lifecycle greenhouse gas emissions (GHG) associated with air transportation.
"Our partnership with Infinium reinforces Kinetik's commitment to sustainability and our role as an agent for change. As the first step of Kinetik's New Energy Ventures, I am excited to announce our participation in Project Roadrunner and strongly support Infinium's mission to significantly reduce carbon emissions. Kinetik remains committed to further decarbonize our footprint and advance new low carbon technologies as part of our strategy of 'energy for change,'" said Jamie Welch, Kinetik's President and CEO.
Infinium operates the world's first commercial scale eFuels facility in Corpus Christi, Texas and has more than a dozen projects in various stages of development globally.
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