Gary Bembridge
The initial phase of Northern Lights is finished and prepared to accept CO2 from industrial emissions.
Operations are anticipated to commence this summer with the inaugural transport of CO2 by vessel from Heidelberg Materials' cement facility in Brevik, Norway, followed by its injection and long-term storage in a reservoir situated 2,600 meters beneath the North Sea seabed near in western Norway.
The second phase, revealed today, signifies an investment of NOK 7.5 billion (approximately $700 million) and makes use of current onshore and offshore infrastructure.
This expansion involves additional onshore storage tanks, pumps, a jetty, injection wells, and transport vessels. Everything is anticipated to be finalized for launch by the latter half of 2028.
source: reuters.com
Operations are anticipated to commence this summer with the inaugural transport of CO2 by vessel from Heidelberg Materials' cement facility in Brevik, Norway, followed by its injection and long-term storage in a reservoir situated 2,600 meters beneath the North Sea seabed near in western Norway.
The second phase, revealed today, signifies an investment of NOK 7.5 billion (approximately $700 million) and makes use of current onshore and offshore infrastructure.
This expansion involves additional onshore storage tanks, pumps, a jetty, injection wells, and transport vessels. Everything is anticipated to be finalized for launch by the latter half of 2028.
source: reuters.com
