The Northern Territory Government and Vopak have signed a memorandum of understanding to develop a common-user infrastructure, including a CO2 import terminal, in the Middle Arm Sustainable Development Precinct in the Northern Territory, Australia. This MoU outlines the cooperation between the government and Vopak to advance the development of common-user CO2 import, storage, and handling infrastructure in Darwin.
“The Lawler Labour Government is committed to developing the Middle Arm Sustainable Development Precinct, a strategic industrial area designed to accommodate advanced manufacturing and green energy production. CCUS capability is a core component of the circular economy design of this Precinct. I am excited to be partnering with Vopak, who have contributed to the energy security and economic development of the Northern Territory with their operations in East Arm for almost 20 years. This project contributes to the NT’s goal of a $40 billion economy by 2030 and our transition to net zero by 2050. This agreement leverages Vopak’s global expertise in developing infrastructure solutions to accelerate the energy transition worldwide,” said Eva Lawler, chief minister of the Northern Territory.
“For nearly 20 years, Vopak has been contributing to the energy security and economic development in East Arm near Darwin city. This project not only signifies our ongoing commitment to growth but also contributes to playing a role in decarbonisation ambitions for both the Northern Territory and Australia. Together with the Northern Territory Government, we look forward to playing a key role in Australia’s transition to net zero. This development of CO2 infrastructure is fully in line with Vopak’s global strategy to develop infrastructure solutions to accelerate the energy transition,” said Paul Kanters, managing director, Vopak Terminals Australia.
The CO2 import, storage, and handling infrastructure will be designed to manage the import, storage, and distribution of carbon dioxide efficiently and accessibly. This shared facility will be available to various companies to help manage CO2 emissions. The imported CO2 can originate from different sources, such as industrial plants that capture CO2 to prevent its release into the atmosphere, and from neighbouring countries. Once imported, the CO2 will be safely stored in large tanks before being transferred to a permanent destination, such as underground facilities for carbon capture and storage, or recycled for utilisation.
For more information visit www.vopak.com
