Air Liquide, Air Products, ExxonMobil and Shell have signed their final contracts for the transport and storage of CO2 as part of the Porthos carbon capture and storage (CCS) project in Rotterdam, the Netherlands.
Porthos is a joint venture between EBN, Gasunie and the Port of Rotterdam Authority, and aims to capture up to 2.5 million tpa of CO2 from 2024 from a range of companies in the Rotterdam area, including installations belonging to Air Liquide, Air Products and ExxonMobil.
In September, Shell announced that it was building a new 820,000 tpa biofuels facility that would also use Porthos to capture carbon emissions. The captured CO2 will be transported to a depleted gas field 20 km off the coast and stored 3-4 km under the North Sea seabed. The project will reduce the industry CO2 emissions in Rotterdam by 10 percent.
The Porthos project partners say that the conclusion of the final contracts is a milestone for the project, and pending government permit approvals, they expect to make a final investment decision (FID) in 2022. Construction of the onshore and offshore pipelines, a compressor station, and the modification of the offshore platform will take around two years.
For more information visit www.porthosco2.nl
