OCI, Navigator ink CO2 transport and storage deal


An agreement has been signed that will see carbon dioxide (CO2) being transported and stored using the Netherlands-based Heartland Greenway carbon capture and storage (CCS) system.

Dutch company OCI N.V through its wholly owned subsidiary Iowa Fertilizer Company facility will work with Navigator CO2 Ventures LLC (Navigator) on a long-term basis for Navigator to provide CO2 transport and storage services up to 1.1m metric tonnes of CO2 per year. 

Reducing the equivalent carbon emissions of around 245,000 vehicles driven annually, the project will consist of two phases. The initial phase aims to transport and store approximately 500,000 metric tonnes of CO2 per year from process gas, and the second phase will assess the economic feasibility of installing the required post-combustion capture equipment. 

Stating that the company is currently monitoring the on-going discussions in Congress around enhancements to the 45Q programme, which will support the economics of the project, Ahmend El-Hoshy, CEO, OCI, added, “This agreement follows the announcement earlier this year that we have the ability to produce up to 365,000 metric tonnes per year of blue ammonia at OCI Beaumont in Texas, and blue and green ammonia projects in Abu Dhabi and Egypt.” 

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...