The UK Government and Italian oil and gas firm Eni have reached financial close on the Liverpool Bay carbon capture (CCS) project, which will provide CO2 storage for the HyNet cluster’s blue hydrogen plants.
The CCS project will provide transportation and storage for up to 4.5 million tonnes of CO2 per year in its first phase, using one of Eni’s depleted gas fields in Liverpool Bay. Storage capacity is expected to increase to 10 million tonnes in the 2030s.
It will involve repurposing sections of offshore platforms and 149km of onshore and offshore pipelines, as well as the construction of 35km of new pipelines.
The major project will act as a backbone for the HyNet cluster, which aims to capture CO2 from existing industries and support new blue hydrogen production plants.
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