Search
Close this search box.

Terminal News

INEOS led consortium announces breakthrough in CCS

Written by...

Picture of Meenal Datar

Meenal Datar

Membership specialist
Arieal view of white tanks next to water

His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish North Sea.

Project Greensand, a consortium of 23 organisations, showcases the feasibility of CO2 storage from being captured at an INEOS Oxide site in Belgium, to being transported cross-border and finally safely and permanently stored in the INEOS operated Nini field in the Danish North Sea.

Ursula von der Leyen, president of the European Commission says: ‘This is a big moment for Europe’s green transition, and for our clean tech industry. The first ever full value chain, for carbon capture and storage in Europe…we can grow our industry through innovation and competition, and at the same time, remove carbon emissions from the atmosphere, through ingenuity and cooperation. This is what Europe’s competitive sustainability is all about.’

By 2030, Project Greensand aims to store up to 8 million tonnes of CO2 per year in this area while continuing to make significant contributions to our understanding and growth of carbon storage technology. The CO2 injected into the Nini field is stored at a depth of about 1,800 metres below the seabed and will be closely monitored.

 

Share this article:

Latest terminal news