Stanlow Terminals Signs MoU with Eni UK to Develop Carbon Dioxide Transport and Storage Projects
Stanlow Terminals is part of Essar Energy Transition. Launched in February, EET is investing USD 3.6 billion in developing a range of low carbon energy transition projects over the next five years.
August 08, 2023. By Anurima Mondal
Stanlow Terminals and Eni UK 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.
Stanlow Terminals is part of Essar Energy Transition. Launched in February, EET is investing USD 3.6 billion in developing a range of low carbon energy transition projects over the next five years, of which USD 2.4 billion will be invested at its sites in the North West of England.
EET will include Essar Oil UK, the company’s refining and marketing business in North West England; Vertex Hydrogen, which is developing 1 gigawatt (GW) of blue hydrogen for the UK market, with follow on capacity set to reach 3.8 GW; EET Hydrogen India, which is developing 1 GW of green ammonia in India, targeted at UK and international markets; Stanlow Terminals Ltd, which is developing enabling storage and pipeline infrastructure; and EET Biofuels, which is investing in developing 1 MT of low carbon biofuels.
EET’s investment programme will play a major role in accelerating the UK’s low carbon transformation, supporting the government’s decarbonisation policy and creating highly skilled employment opportunities at the heart of the Northern Powerhouse economy.
please contact: contact@energetica-india.net.
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