Gassco Examines Feasibility of CO2 Shipping

March 2, 2016

 Gassco has commissioned Knutsen OAS Shipping and Larvik Shipping to study transport of CO2 by ship in connection with the Norwegian government’s full-scale project for managing this greenhouse gas.

 
In cooperation with Gassnova, Gassco has earlier studied CO2 handling chains.
 
“The transport study will help to ensure that the government’s ambition of realising at least one full-scale CO2 facility by 2020 can be met,” says Gassco CEO Frode Leversund.
 
“Our long experience of leading complex industrial projects means we’re well equipped to develop a detailed basis for the government’s decision on continuing a CO2¬ management project.”
 
The CO2 chain is being addressed by industrial players. Gassnova has assigned studies of the relevant capture locations to Norcem in Brevik, Yara at Herøya and Klemetsrud EGE in Oslo, while Gassco and Statoil are responsible for the transport and storage aspects respectively.
 
“We’ve had a detailed process to identify the best partners for a collaboration, and are very pleased to award contracts to Knutsen OAS Shipping and Larvik Shipping,” says Leversund.
 
“These two companies will now be starting work immediately on analysing various ship-based solutions, and these are due to be submitted to us by mid-April.”
 

Logistics News

Stena Line and ABP Start Work on Immingham Terminal

Stena Line and ABP Start Work on Immingham Terminal

Carney Changes Climate Requirements in Energy Deal with Alberta

Carney Changes Climate Requirements in Energy Deal with Alberta

Russian Oil Cargo Discharge at Indian Port Delayed Due to Insurance Scrutiny

Russian Oil Cargo Discharge at Indian Port Delayed Due to Insurance Scrutiny

The Expanding Shadow Fleet Poses a Growing Threat to Maritime Safety

The Expanding Shadow Fleet Poses a Growing Threat to Maritime Safety

Subscribe for Maritime Logistics Professional E‑News

Russia loses its seat in the UN Shipping Agency's governing Council
As risk appetite declines, crypto hoarding is under pressure.
Trump announces that the US will take action soon against Venezuelan drug traffickers in land