The two companies will evaluate opportunities to establish an open-access CO2 transport and storage terminal which will be capable of receiving, gathering and storing CO2 from industrial emitters and other sources via shipping from dispersed locations. The objective is to ultimately connect multiple emitters with Eni UK’s licenced storage location through an open access system, facilitating the future sequestration of substantial volumes of CO2.
Developing CO2 ship transportation will play a significant role in the expansion of CCS infrastructure, by offering feasible and flexible routes between sources and storage sites. The infrastructure would provide many more industrial companies the opportunity to transport captured CO2 for storage in depleted gas fields.
The agreement follows Stanlow Terminal’s announcement of plans to also develop open access green ammonia facilities on the River Mersey, supporting the ambition of essar energy transition to become Europe’s leading integrated energy transition hub.
