UK Govt announces new agreement to ensure CO2 supplies


As industry steeled itself at the prospect of yet another stranglehold on the national supply of carbon dioxide (CO2), the UK Government’s Department for Business, Energy & Industrial Strategy has announced today (1st February) that the CO2 industry has ‘come to an agreement’ to ensure UK businesses have access to a sustainable supply of the essential gas.

The deal comes after months of uncertainty last year (2021) culminated in a three-month price-fixing agreement put together by the UK CO2 industry and the Government following the closure of two major CO2 production facilities. 

Nationwide concerns over CO2 supply were widespread after a spike in natural gas prices caused the UK’s main CO2 supplier, CF Fertilisers (CFF) – subsidiary of CF Industries (CF), to cease operations at two of its Teesside plants.

With the price-fixing agreement scheduled to end yesterday (31st January) industry speculated upon the possibility of further Government intervention. 

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