Saturday, 21 December 2024
Home Topics Business Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

94
FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. Shell, Equinor and TotalEnergies said Thursday their Norwegian CO2 storage project is now complete, with first deliveries expected next year. REUTERS/Nora Buli/File Photo

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and ready to receive CO2, with its first deliveries expected next year.

Carbon capture and storage (CCS) has long been highlighted as a way to reduce CO2 emissions but there are few commercial projects in existence, with Norway in 2020 launching the Longship project, which includes the Northern Lights site.

“Today we achieved an important milestone on our journey to demonstrate CCS as a viable option to help achieve climate goals,” Tim Heijn, managing director of the joint venture said at the unveiling of the facility.

The partners look forward to receiving the first volumes in 2025, said Arnaud Le Foll, a senior vice-president at TotalEnergies.

The site consists of 12 metal tanks onshore, capable of temporarily storing a 7,500 cubic metres cargo from one of the custom-made ships commissioned to deliver liquefied CO2.

This is then sent via a 110 kilometre pipeline for permanent storage in a rock formation 2,600 metres below sea level.

Northern Lights’ first phase can inject 37.5 million metric tons of CO2 over a 25-year period, or 1.5 million tons per year. A second phase targets an additional 3.5 million tons a year.

The first delivery will come from a capture facility at the Brevik cement plant in southern Norway owned by Heidelberg Materials, which is also part of the Longship project.

The German group told Reuters it plans to complete the facility by year-end, followed by a period of tests, but did not specify a timing for the first shipment.

Northern Lights also has agreements to transport and store CO2 for fertiliser maker Yara and Denmark’s Orsted from 2025 and 2026 respectively, while an Oslo waste plant capture project is on hold over budgeting issues.

(Reporting by Nora Buli in Oslo; Editing by Alexander Smith)

Related Articles

FILE PHOTO: A man wearing an IG Metall (Industrial Union of Metalworkers) scarf holds a banner with the Volkswagen logo, as workers gather to strike against planned cuts to wages and possible factory closures, in Hanover, Germany, December 2, 2024. Picture taken with long exposure. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturing

VW, union agree to cut 35,000 jobs in Germany, avert strikes

Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts,...

The Sierra Nevada del Cocuy is located in the eastern ranges of the Colombian Andes (AFP)
ClimateEconomyEmissionsEnvironmentIndigenousMiningNatural GasOilPoliticsRegulations

Inter-American Court rules Colombia drilling violated native rights

The Inter-American Court ruled Colombia violated U'wa Indigenous rights by allowing resource...

BusinessClimateEconomyEmissionsEnvironmentNatural GasPoliticsRegulations

California regulators vote to delay closure of gas storage facility, site of worst US methane leak

California regulators delay Aliso Canyon gas facility closure, sparking debate over energy...

FILE - EPA Administrator Michael Regan stands near the Marathon Petroleum Refinery as he conducts a television interview, while touring neighborhoods that abut the refinery, in Reserve, La., Nov. 16, 2021. (AP Photo/Gerald Herbert, File)
ClimateEconomyEmissionsEnvironmentPolitics

EPA head Regan, who championed environmental justice, to leave office Dec. 31

Michael Regan, who has led the EPA throughout Biden's four-year term, said...

Login into your Account

Please login to like, dislike or bookmark this article.