Enterprise Products, 1PointFive to develop carbon dioxide transportation network

1PointFive and Enterprise Products Partners (EPD) announced an agreement for the development of a carbon dioxide transportation network to support the Bluebonnet Sequestration Hub that 1PointFive is developing in southeast Texas. 1PointFive, a subsidiary of Occidental (OXY), is progressing the development of carbon sequestration hubs that leverage Occidental’s 50-year history of managing CO2 to deliver solutions that help advance industrial decarbonization. Under the Transportation Services Agreement, once 1PointFive provides notice, Enterprise will develop a new pipeline network and provide fee-based transportation services to 1PointFive to transport CO2 emissions captured by third parties at facilities in the vicinity of the Houston Ship Channel to 1PointFive’s Bluebonnet Sequestration Hub. The new pipeline network will be co-located with existing pipeline infrastructure.