Northern Lights lets cross border CO2 transportation, storage contract
Northern Lights, a JV owned by Equinor Energy ASA, Royal Dutch Shell PLC, and TotalEnergies SE, signed the world’s first commercial agreement on cross border CO2 transportation and storage with Yara Sluiskil, an ammonia and fertilizer plant in the Netherlands.
From early 2025, 800,000 tonnes of CO2 will be captured, compressed, and liquefied in the Netherlands and then transported by ship to a storage terminal 2,600 m under the seabed of the Norwegian continental shelf, the JV said in a release Aug. 29.
With volumes from Yara, Northern Lights Phase 1 has reached full capacity. The JV is working to mature an investment decision for Phase 2, which would increase total capacity to 5-6 million tonnes/year of CO2.
Northern Lights is the transport and storage part of the Longship project, funded 80% by the Norwegian government. It is developing an open and flexible infrastructure to transport CO2 from industrial emitters by ship to a receiving terminal in western Norway for intermediate storage, before being transported by pipeline for permanent storage in a geological reservoir 2,600 m under the seabed. Operations are scheduled to start in 2024.