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Essar Oil UK to Build £360 Mn Carbon Capture Facility to Become a Leading Low Carbon Refinery by 2030

In line with its ambition to become a leading low carbon refinery by 2030, Essar Oil UK Ltd has announced its plan to build a £360 million major new carbon capture plant at its Stanlow refinery.

November 30, 2022. By Manu Tayal

In line with its ambition to become a leading low carbon refinery by 2030, Essar Oil UK Ltd has announced its plan to build a £360 million major new carbon capture plant at its Stanlow refinery.
 
Further, the construction of a £360 million CO2 capture plant is expected to begin in Q1 2025, however, its completion is scheduled for 2027.
 
The company has been investing over £1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 and put Essar at the forefront of the UK’s shift to low carbon energy.
 
The company said that it will achieve its decarbonisation targets through a combination of incremental (energy efficiency and operating improvements) and transformational projects, including the £360 million carbon capture plant, but also as a result of the significant investments Essar has been making into hydrogen and biofuels.
 
Commenting on the development, Deepak Maheshwari, CEO of Essar Oil UK, said, “This new carbon capture plant is the single biggest initiative to decarbonise our processes and a core element to our hugely ambitious decarbonisation strategy. Our ambition is to become a leading low carbon refinery. This is a massive undertaking, but it is a journey we are fully committed to. Not only is it the right environmental thing to do, it will future proof the critical Stanlow refinery for the long term, protecting jobs and industry, while also placing Stanlow at the very centre of the UK’s energy transition.”
 
Besides, Kent plc has been awarded a pre-FEED engineering contract to develop the facility that will take the CO2 emitted from one of Europe’s largest full-Residue Fluidised Catalytic Cracking units, located at the Stanlow refinery.  The gas will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay, as part of the HyNet cluster infrastructure in the North West of England.
 
Post completion in 2027, the plant would eliminate an estimated 0.81 million tons of CO2 per year – the equivalent of taking 400,000 cars off the road, eliminating nearly 40% of all Stanlow emissions.  The project has been selected by BEIS as a Phase-2 winner in the CCUS cluster sequencing process earlier this summer, and as such, is currently progressing through the due diligence stage.  
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