FAQ

Abbreviation

Definition

ATR

Autothermal reforming

CCS

Carbon capture and storage

CI

Carbon intensity

CO₂

Carbon dioxide

CO₂-EGR

CO₂-enhanced gas recovery

COD

Commercial operation date

CORSIA

Carbon Offsetting and Reduction Scheme for International Aviation (ICAO programme)

DCC

Delivered Customer Contract

EGR

Enhanced gas recovery

EIA

Environmental impact assessment

EOR

Enhanced oil recovery

EPCG

EPC Global Denmark and Jersey

EU

European Union

EU ETS

European Union Emissions Trading System

FEUM

FuelEU Maritime

FPSO

Floating production, storage and offloading

FSO

Floating storage and offloading

FSU

Floating storage unit

GHG

Greenhouse gas

HFO

Heavy fuel oil

IACS

International Association of Classification Societies

ICAO

International Civil Aviation Organization

IMO

International Maritime Organization

IND

Industrial (as used in “IND CO₂”)

LCAF

Lower-Carbon Aviation Fuel

LCA

Life cycle assessment

LCF

Low-carbon fuel

LCM

Low-Carbon Methanol

LR

Lloyd’s Register

LNG

Liquefied natural gas

MDO

Marine diesel oil

MARPOL

International Convention for the Prevention of Pollution from Ships

MRV

Monitoring, reporting and verification

Mtpa

Million tonnes per annum

mmscfd

Million standard cubic feet per day

NOₓ

Nitrogen oxides

NZF

Net-Zero Framework (IMO)

OCCS

Onboard carbon capture and storage

RFNBO

Renewable fuels of non-biological origin

RFSU

Ready for start-up

SAF

Sustainable aviation fuel

SOₓ

Sulfur oxides

TCF

Trillion cubic feet

ULCM

Ultra-Low-Carbon Methanol

US

United States

VLSFO

Very low sulfur fuel oil

VLCC

Very large crude carrier

WtT

Well-to-tank

WtW

Well-to-wake

Low‑carbon methanol is produced from low‑carbon hydrogen derived from natural gas with full carbon capture and permanent geological storage of CO₂. EPCG’s pathway is designed to deliver a declining lifecycle carbon intensity as additional CO₂ from shipping (OCCS) and industry (IND CO₂) is stored.

Floating units convert natural gas into low‑carbon hydrogen and methanol using autothermal reforming (ATR) with full CCS. Captured CO₂ is permanently stored in the producing reservoir, supporting CO₂‑EGR, extending field life, and ensuring long‑term containment integrity.

Floating units avoid:

  • Long permitting timelines
  • Land constraints
  • Upstream emissions from extraction, separation, pipelines, and compression
  • CO₂ disposal challenges

They can be deployed globally, rapidly, relocated if needed, and integrated directly with offshore or nearshore gas supplies.

In EPCG projects, CO₂ injection is undertaken for permanent geological storage. Any reservoir pressure or CO₂‑enhanced gas recovery effects that may occur are incidental and are not relied upon for emissions crediting, which is based solely on verified stored CO₂ volumes.

CO₂‑Enhanced Gas Recovery involves injecting captured and additional CO₂ into the producing reservoir to:

  • Increase ultimate gas recovery
  • Maintain reservoir pressure
  • Extend field life
  • Provide permanent geological storage

It is a proven technique in suitable reservoirs.

Onboard Carbon Capture and Storage (OCCS) refers to CO₂ captured on ships during fuel combustion. Shuttle tankers return this CO₂ to EPCG’s floating units for permanent storage. This is a recognised route under FuelEU Maritime, anticipated under IMO frameworks, with formal adoption expected separately from the IMO Net Zero Framework (NZF).

EPCG methanol is classified as a low‑carbon fuel (LCF) under the EU Delegated Regulation of 8 July 2025 and benefits from EU ETS shipping inclusion from 2024. Its declining lifecycle carbon intensity supports compliance with:

  • FuelEU Maritime (2025–2050)
  • EU ETS for shipping (from 2024)

LNG cannot access this deep lifecycle reduction because:

  • LNG does not separate hydrogen or release capture‑ready CO₂ during fuel production and therefore cannot practically achieve deep lifecycle reductions without conversion
  • LNG liquefaction does not release carbon upfront
  • LNG cannot integrate OCCS or IND CO₂
  • LNG faces long‑term compliance challenges under FuelEU Maritime and the proposed IMO NZF

EPCG’s pathway avoids these structural limitations.

Green, bio, and e‑methanol pathways are constrained by:

  • Renewable power availability
  • Biomass supply
  • Land use
  • Cost and scalability

EPCG’s pathway is designed to deliver large‑scale, cost‑competitive low‑carbon methanol with a declining lifecycle carbon intensity.

LCAF is produced via methanol‑to‑jet synthesis using EPCG’s low‑carbon methanol as feedstock. It is a drop‑in replacement for traditional jet fuel and is designed to:

  • Deliver 15–17% WTW reduction vs ICAO’s 89 gCO₂e/MJ baseline
  • Deliver ~85% WTT reduction at COD and thereafter
  • Be fully compliant with ICAO CORSIA

Lloyd’s Register has verified EPCG’s ICAO CORSIA reductions.

Under current ICAO methodology, only CO₂ reductions within the fuel’s own supply chain are included in the CORSIA lifecycle value. Additional CO₂ stored from OCCS or industry is accounted for separately but provides a scalable negative‑emissions resource for the wider transport system.

Yes. Methanol is:

  • Liquid at ambient temperature and pressure
  • Fully miscible in water
  • Rapidly biodegradable
  • Non‑persistent and non‑accumulative

It produces no soot, no SOₓ, very low NOₓ, and no particulate matter. Compared with methanol:

  • Ammonia is ~220,000× more harmful to marine life
  • Methane is >300× more harmful
  • Diesel and heavy fuel oil are ~200× more harmful

CO₂ is injected into producing reservoirs with:

  • Continuous mass‑flow monitoring
  • ISO‑aligned MRV
  • Pressure and integrity surveillance
  • Auditable chain‑of‑custody
  • Third‑party verification submitted to the national regulatory authority

Sequestration certificates are issued per tonne stored.

EPCG’s pathway is designed to deliver:

  • ~20% lifecycle GHG reduction at COD/RFSU
  • A declining CI curve as OCCS and IND CO₂ volumes increase, to ~94% lifecycle GHG reduction
  • Alignment with FuelEU Maritime, EU ETS, ICAO CORSIA, and all plausible IMO NZF reduction trajectories

Yes. Units are disconnectable and self‑propelled, enabling relocation if reservoir conditions, commercial arrangements, or geopolitical factors change.

EPCG offers:

  • Fixed‑price long‑term contracts
  • Indexed contracts (Brent, gas, bunker indices)
  • Volume‑based agreements
  • Delivered‑to‑Customer‑Contract (DCC) options

Pricing is customised based on volume, duration, and delivery location.

Lloyd’s Register has verified EPCG’s marine emissions pathways under:

  • The EU Delegated Regulation of 8 July 2025
  • FuelEU Maritime
  • EU ETS shipping inclusion from 2024
  • Correct use of fossil‑sourced CO₂ until 2041, and RFNBO/bio/low‑carbon CO₂ thereafter
  • IMO MARPOL Annex VI frameworks
  • ICAO CORSIA