German partner of “Gazprom” plans to build offshore CO2 storage for 8 million tons

by time news

The consortium of the Greensand carbon capture and storage project in Denmark, with the participation of the German oil and gas company Wintershall Dea, which is Gazprom’s main partner in Germany, announced on August 18 the start of a project to inject CO2 into spent hydrocarbon fields on the North Sea shelf by the end of 2022 …

The Nini West field (located near the Siri oil field in the Danish sector of the sea) will be able to provide conditions for the injection of 0.5 million to 1 million tons of СО per year by 2025, Wintershall Dea notes. By 2030, the storage capacity will reach 8 million tons of СО per year, which is equivalent to 25% of all annual carbon dioxide emissions in Denmark (32.08 million tons at the end of 2019). The project is now considered to be a pilot project and should demonstrate the feasibility of cost-effective and environmentally friendly storage of CO2 in shelf reservoirs. If successful, the pilot will scale up. A prerequisite for this is the presence of an adequate financial and regulatory framework, the company emphasizes in the message.

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