Equinor, Fluxys Plan to Build 620-Mile Pipeline for Offshore Carbon Capture and Storage
(Reuters) — Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea, the two companies said on Wednesday.
The infrastructure project, which faces a final investment decision by 2025 and could be operational by the end of this decade, would help reduce emissions of climate-warming gases in north-west Europe, the firms said in a joint statement.
"The offshore pipeline is planned to have a transport capacity of 20 million to 40 million tonnes of CO2 per annum, meeting an emerging need for CCS (carbon capture and storage) from multiple European industrial players," they added.
Fluxys is a major gas pipeline operator while oil and gas producer Equinor is developing CCS deposits offshore Norway for commercial use.
Interest in CCS has been rising in recent years, with the technology seen as important to delivering net zero emissions targeted by government around the globe.
Related News
Related News

- 1,000-Mile Pipeline Exit Plan by Hope Gas Alarms West Virginia Producers
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
- Boardwalk’s Texas Gas Launches Open Season for 2 Bcf/d Marcellus-to-Louisiana Pipeline Expansion
- New Alternatives for Noise Reduction in Gas Pipelines
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Gazprom’s Grandeur Fades as Europe Moves Away from Russian Gas
- Greenpeace Ordered to Pay $667 Million to Energy Transfer Over Dakota Access Pipeline Protests
Comments