How much liquid CO2 can the terminal process?

In the starting phase 5.4 million tons per year (Mtpa).
This can grow to 10 Mtpa (a permit has already been applied for for this). In the final phase, the terminal can process 15 Mtpa, depending on market demand.

What phase is the project in now?

In 2024 and 2025 we will complete the technical design, expect to obtain the necessary permits and conclude the first contracts with our customers. We aim for a final investment decision in 2025.

When does CO2next expect to be operational?

The CO2next terminal is part of the Aramis initiative. All parts of this chain are needed to store the CO2 in the empty gas fields under the North Sea. The CO2next terminal must be operational in order to use the Aramis sea pipeline and the storage facilities under the seabed. The current planning is start-up in 2029, which is in line with the planning for the Aramis sea pipeline and the storage facilities.