Stanlow Terminals, the UK’s largest independent bulk liquid storage provider, and Italian energy firm Eni’s UK subsidiary, will explore the feasibility of collecting, shipping and storing CO2 at Stanlow Terminal
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The companies will evaluate opportunities to establish an open-access CO2 transport and storage terminal capable of receiving, gathering and storing CO2 from industrial emitters and other sources via shipping from dispersed locations. The ultimate objective is to connect multiple emitters with Eni’s licensed storage location through an open access system, facilitating the future sequestration of substantial volumes of CO2.
Industry experts believe the world will need to capture and store between 6-7 gigatonnes of CO2 every year from 2050, with some 1.50~1.75 gigatonnes (about 20-25% of that total) requiring transport by vessels specially designed for CO2.
This will be part of developing the overall carbon capture and storage (CCS) value chai, by offering flexible routes between sources and storage sites with the infrastructure providing industrial companies with the opportunity to transport captured CO2 for storage in depleted gas fields.
Stanlow Terminals is part of Indian conglomerate Essar Energy Transition (EET). Launched in February 2023, EET is investing US$3.6Bn in developing a range of low-carbon energy transition projects over the next five years, of which US$2.4Bn will be invested at its sites in northwest England.
The agreement with Eni follows Stanlow Terminal’s plans to develop open-access green ammonia facilities on the River Mersey, supporting the ambition of EET to become Europe’s leading integrated energy transition hub.
EET includes Essar Oil UK, the company’s refining and marketing business in northwest England; Vertex Hydrogen, which is developing 1 GW of blue hydrogen for the UK market, with follow-on capacity set to reach 3.8GW; EET Hydrogen India, which is developing 1 GW of green ammonia in Inda, 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.
Eni UK is leading the development of carbon dioxide transport and storage for the HyNet North West consortium in the UK, which will transform one of the country’s most energy-intensive industrial districts into the first low-carbon industrial cluster in the world.
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