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Eni: announces the award of UK CO2 storage licence
(CercleFinance.com) - Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS Licence) by the North Sea Transition Authority (NSTA) for the depleted Hewett gas field located 20 km offshore from Bacton, in the Southern North Sea sector of UK.
The initial CO2 storage capacity is estimated at around 6 million tons per year starting at the end of the current decade and will be progressively increased to over 10 million tons after 2030, making a significant contribution towards the UK's target ambition to store 20-30 million tons per year of CO2. "Its significant total storage capacity of around 300 million tons, the possibility to reuse part of its associated infrastructure, and its proximity to the Bacton industrial cluster, makes Hewett an ideal site to permanently store carbon dioxide from industries in the south-east of England and the Thames estuary area, near London". Copyright (c) 2023 CercleFinance.com. All rights reserved. |
23/05/2025 17:40
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