Stanlow Terminals and Eni UK sign MOU to develop carbon dioxide transport and storage projects

Eni UK Ltd, the UK affiliate of the international energy company Eni, and Stanlow Terminals Ltd. have signed a Memorandum of Understanding (MoU) to explore the development of carbon dioxide (CO2) collection, shipping, and storage at the Stanlow Terminal location and then delivering the received CO2 into Eni UK's carbon transport at and storage infrastructures currently being developed in the NW region of the country. 

The potential for establishing an open-access CO2 transport and storage terminal that can receive, collect, and store CO2 from industrial emitters and other sources via shipping from dispersed sites will be assessed by Stanlow Terminals and Eni UK. The goal is to eventually connect numerous emitters to Eni UK's authorised storage location through an open access system, permitting the sequestration of significant amounts of CO2 in the future.  

By providing practical and adaptable routes between sources and storage locations, the development of CO2 ship transportation will play an important role in the expansion of CCS infrastructure. The infrastructure would make it possible for a lot more industrial businesses to transport CO2 that has been captured for storage in exhausted gas fields. The collaboration supports Essar Energy Transition's goal of becoming the premier integrated energy transition hub in Europe and comes after Stanlow Terminal announced intentions to build open access green ammonia facilities on the River Mersey.  

Essar Energy Transition ('EET') includes Stanlow Terminals. EET, which was founded in February 2023, will spend US$3.6 billion over the next five years creating a variety of low-carbon energy transition projects, of which US$2.4 billion will be invested at its sites in the North West of England.  

EET will include Essar Oil UK, the company's refining and marketing business in North West  England;   Vertex Hydrogen, which is developing 1 gigawatt (GW) of blue hydrogen for the UK market, with  follow on capacity set to reach 3.8GW;  EET Hydrogen India, which is developing 1 GW of green ammonia  in India, targeted  at  UK and international markets; Stanlow Terminals Ltd, which is developing enabling storage and pipeline infrastructure; and EET Biofuels, which is investing in developing 1 MT of low carbon biofuels.