The DOE announced the names of the projects selected to receive funding for carbon capture and sequestration projects. The funding is from the American Recovery and Reinvestment Act.

ConocoPhillips received approximately $3,000,000 for its project to capture and sequester CO2. The project is part of its petcoke-based 683-megawatt IGCC power plant adjacent to its existing refinery in Sweeny, Texas. Its projected that 85% of the CO2 from the process stream will be captured and sequestered.

Leucadia Energy received funding for two projects: the Lake Charles Cogeneration project received approximately $540,000 and the Mississippi Gasification received approximately $840,000. The Lake Charles Cogenertion project convert petcoke-to-chemicals (methanol) project to be located near Lake Charles, La. The Mississippi Gasification
facility will gasify petcoke and produce substitute natural gas (SNG).

Both Leucadia projects will transport compressed CO2 for enhanced oil recovery in Texas oil fields via the Denbury Green Line pipeline system.

The remaining Recovery Act funding will be awarded to the most promising projects during a competitive phase two selection process.