Stanlow Terminals Ltd and Eni UK Ltd have signed a Memorandum of Understanding to collaborate on the development of carbon dioxide transport and storage projects in the UK. Stanlow Terminals, the largest independent bulk liquid storage provider in the UK, will work with Eni UK, the UK subsidiary of global energy company Eni, to explore the collection, shipping, and storage of CO2 at the Stanlow Terminal location. The aim is to then deliver the CO2 to Eni UK’s carbon transport and storage infrastructures being developed in the North West region of the UK.
The two companies will assess opportunities to establish an open-access CO2 transport and storage terminal that can receive, gather, and store CO2 from various industrial emitters and sources through shipping from different locations. The ultimate objective is to connect multiple emitters with Eni UK’s licensed storage location via an open-access system, enabling the sequestration of significant volumes of CO2.
The development of CO2 ship transportation is crucial for expanding carbon capture and storage infrastructure as it offers viable and flexible routes between emission sources and storage sites. This infrastructure will provide more industrial companies with the opportunity to transport captured CO2 for storage in depleted gas fields.
This agreement follows Stanlow Terminal’s recent announcement of plans to develop open-access green ammonia facilities on the River Mersey, supporting Essar Energy Transition’s goal of becoming Europe’s leading integrated energy transition hub.
Stanlow Terminals is a part of Essar Energy Transition, which is investing $3.6 billion in various low-carbon energy transition projects over the next five years, with $2.4 billion allocated to sites in the North West of England. EET includes Essar Oil UK, Vertex Hydrogen, EET Hydrogen India, Stanlow Terminals Ltd, and EET Biofuels. This investment programme will play a significant role in accelerating the UK’s low-carbon transformation, supporting the government’s decarbonization policy, and creating employment opportunities in the Northern Powerhouse economy.
Eni UK is leading the development of carbon dioxide transport and storage for the HyNet North West consortium, which aims to transform one of the UK’s most energy-intensive industrial districts into the world’s first low-carbon industrial cluster. Leveraging its extensive experience in reservoir management, Eni UK plans to repurpose part of its existing upstream assets to store carbon dioxide in depleted fields in Liverpool Bay. This initiative will help the UK achieve its net-zero targets by rapidly decarbonising industrial activities in the region at a competitive cost.
For more information visit www.stanlowterminals.co.uk
