17.04.2024
CO₂ Breaks Boundaries in Europe
On Monday, April 15th, Norway, Belgium, the Netherlands, Denmark, and Sweden signed a Memorandum of Understanding (MoU) concerning the cross-border transport of CO2 for storage.
This MoU will legalize the transnational shipment of CO2 for storage within the territories of the involved countries. Previously, cross-border transport of CO2 for storage was not permitted. Reversing this is critically important in the development of the Longship project.
– We have always had strong believe in Norway, Belgium, the Netherlands, Denmark, and Sweden would reach an agreement on CO2 transport for storage, regardless of the borders between the countries. With this, another barrier has been cleared, allowing CO2 to find its way to the storage facilities on the Norwegian shelf. This also highlights the importance of Longship as a demonstration project and the renewed interest in CO2 management as a climate solution in Europe – says Aslak Viumdal, senior advisor at Gassnova and responsible for benefits realization in the Longship project.
In a statement from the Norwegian Ministry of Energy, Minister Terje Aasland emphasizes the agreement as important for the climate, Norway’s attention to the energy sector, and the country’s focus on CCS.