On 6th April, Northern Lights joint venture (JV) announced, the installing of the first temporary CO2 storage tank of its carbon capture and storage (CCS) project in Øygarden in Norway.
According to the joint venture, the tank is the first out of 12 for the first phase of the project’s CO2 storage development. When in operation, the facility will be ready to handle 1.5 million tonnes of CO2 per year, looking to expand the capacity to above 5 million tonnes per year for the second phase.
This really changes the look and feel of the site, and shows that the CCS value chain is progressing fast, and that we are on plan for yet another milestone when starting up in 2024.
..the joint venture said.
Northern Lights is said to be the first industrial carbon capture and storage (CCS) project to develop an open and flexible infrastructure to safely store CO2 from industries across Europe. It is part of the full-scale Longship CCS project that entails the transportation, receipt and permanent storage of CO2 in a reservoir in the northern North Sea.
As explained, CCS project will help in decarbonisation of industrial emissions and facilitate the removal of CO2 from the air.
The joint venture will transport CO2 from capture sites by ship to a terminal in western Norway for intermediate storage, before being transported by pipeline for permanent storage in a reservoir 2,600 m under the seabed.
In concluding, Northern Lights joint venture comprises energy majors Shell, Equinor and TotalEnergies.