30.08.2022
Pipeline from Germany to Norway in the works
Equinor and Wintershall Dea are teaming up to build a pipeline that will carry CO2 from Germany to Norway.
Equinor and the German company Wintershall Dea have come to an agreement to develop a comprehensive value chain for carbon capture and storage. The chain will connect operators that emit CO2 with storage facilities on the Norwegian Continental Shelf. The announcement came in a press release from the companies.
According to the plan, the agreement will connect Germany, the largest source of carbon emission in Europe, with Norway, which has the largest carbon storage potential in Europe.
900 kilometre long pipeline
“This is a strong energy collaboration which will support the need for European industrial clusters to decarbonise their businesses. Wintershall Dea and Equinor are focussed on the green transition and will utilise expertise and experiences from both companies to work with authorities and partners in order to contribute to achieving our goals of reaching net zero emissions,” said Anders Opedal, President and CEO of Equinor, in the press release.
The companies want to build a 900km long pipeline that will connect a carbon collection facility in northern Germany with storage sites in Norway.
Capacity of 20-40 million tons of carbon
“Wintershall Dea and Equinor will work together to create technical and commercial solutions for the development of CCS value chains in Europe and cooperate with authorities to design a framework to make this possible. We will build on our close partnership and this will start a new chapter in German-Norwegian cooperation,” says Mario Mehren, CEO of Wintershall Dea.
The pipeline is expected to have an annual capacity of 20-40 million tonnes of carbon, equivalent to around 20 per cent of all annual industrial emissions in Germany.
Source: Equinor