-4.2 C
Hamburg
Tuesday, February 18, 2025
Home Port News EU funds Air Liquide, Fluxys Belgium, Port of Antwerp-Bruges for CO2 export...

EU funds Air Liquide, Fluxys Belgium, Port of Antwerp-Bruges for CO2 export facility building

Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges awarded European Union’s funding for building the Antwerp@C CO2 Export Hub.

The EU Commission announced it will grant Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges US$152.35 million under the Connecting Europe Facility for Energy (CEF-E) funding programme.

The funding is earmarked for the construction of shared CO2 transport and export facilities on the Antwerp port platform. The grant award is a major step towards the final investment decision, expected in 2023.

According to Port of Antwerp Bruges, the project, named ‘Antwerp@C CO2 Export Hub’, is set up as an open-access infrastructure to transport, liquefy and load CO2 onto ships for onward permanent offshore storage.

CO2 captured on industrial players sites on the Antwerp port platform will be collected and transported via an intra-port open-access pipeline network. A shared liquefaction and export terminal will be built, including a CO2 liquefaction unit, buffer storages and marine loading facilities for cross-border shipping.

As the port says, according to the project, Air Liquide and Fluxys intend to form a joint venture for the construction and operation of the CO2 liquefaction and export terminal. The joint venture will benefit from Air Liquide’s expertise in CO2 liquefaction and handling and from Fluxys’ experience in terminalling activities. Air Liquide will provide its proprietary technology for the CO2 liquefaction plant.

The Port of Antwerp-Bruges reserved a plot of land for the terminal in a strategic location inside the port and will build new quay infrastructures for the mooring of CO2 ships.

Pascal Vinet, senior vice president and a member of Air Liquide’s Executive Committee, commented, “Alongside the use of renewable energy, carbon capture technology is essential to achieve in a short time frame massive CO2 reductions and carbon neutrality objectives namely for hard-to-abate sectors. This initiative illustrates Air Liquide’s expertise and ambition to actively contribute to the emergence of a low-carbon society and to support its industrial customers in their decarbonization strategies.”





Latest Posts

COSCO SHIPPING launches WSA5 service in Colombia

On 5 February 2025, the inaugural voyage of COSCO SHIPPING Line’s WSA5 service to Port of Buenaventura was celebrated with festivities at the SPRB...

ONE and Yusen Logistics drive sustainable shipping with ONE LEAF+

Ocean Network Express (ONE) and Yusen Logistics have entered into a new partnership focused on sustainable shipping solutions through ONE's green shipping service, ONE...

IMF downgrades 2025-26 World Trade Growth projections

The International Monetary Fund (IMF) recently released the January 2025 update to its World Economic Outlook (WEO), originally published in October 2024. This update includes...

CMA CGM applies new rates from Indian Sub to North Europe and Med

New CMA CGM Freight All Kinds (FAK) rates will be applicable starting 1 March 2025 (gate-in date) and will remain in effect until further...

US and India Deepen Defense and Trade Ties to Counter China’s Influence

The United States plans to ramp up military sales to India from 2025, including the provision of F-35 fighter jets, according to US President...
error: Content is protected !!