Large-scale carbon capture project in Port of Antwerp receives European support
Antwerp@C, an initiative by Air Liquide, BASF, Borealis, ExxonMobil, INEOS, TotalEnergies, Fluxys and Port of Antwerp-Bruges to capture and transport CO2, has secured European funding for the amount of 144,6 million euros. Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges announced this in a joint press release on Monday.
The European funding is intended specifically for the first phase of the project, in which infrastructure will be developed to transport, liquefy and load CO2 onto ships for further permanent offshore storage.
Antwerp@C aims to halve the Port of Antwerp's CO2 emissions by 2030. The export hub will have an initial capacity of 2,5 million tonnes annually; by 2030, this should increase to 10 million tonnes.
Furthermore, Fluxys and North Sea Port also announced on Monday that Ghent Carbon Hub, the project to liquefy and store CO2 in the port of Ghent, has also obtained European funding of 9,6 million euros. The aim here is to process 6 million tonnes of CO2 annually. A pipeline network connecting Wallonia to the hub in Ghent will also be built.
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