Norway and Belgium Forge Agreement for Cross-Border CO2 Transport
Synopsis
Key Takeaways
Oslo, March 27 (NationPress) An agreement has been formalized between Norway and Belgium to enhance the infrastructure necessary for the transportation of carbon dioxide (CO2) via pipeline from Belgium to the Norwegian Continental Shelf. This agreement, designed to promote carbon capture and storage (CCS), was signed on Thursday at the Norwegian Petroleum Museum in Stavanger and is a key component of Europe's climate agenda.
Equinor, an international energy company, alongside Belgium's infrastructure group Fluxys, will collaborate to establish the necessary infrastructure to facilitate the transport of CO2 from Belgium to a designated storage site on the Norwegian Continental Shelf. The initiative includes a pipeline dedicated to cross-border CO2 transport and a terminal in Belgium intended to accept CO2 from various industrial sources across Europe.
Norwegian Minister of Energy Terje Aasland noted that this agreement lays a robust foundation for a European CO2 value chain, marking a significant advancement in the long-standing energy partnership between the two nations, as reported by Xinhua news agency.
Aasland emphasized Norway's extensive experience—over 30 years—in the safe offshore storage of CO2, and highlighted the collaboration with Belgium as a means to assist European industries in reducing emissions effectively and reliably.
Belgian Deputy Prime Minister and Minister of Foreign Affairs, Maxime Prevot, remarked that the agreement will bolster industrial decarbonization efforts and reflects the mutual commitment of both nations to ambitious climate goals and future resilience.
Prevot stated, "This agreement fortifies the foundations of Belgium's and Europe's industrial future. Our partnership with Norway on CO₂ transport is pivotal for industrial decarbonization and aligns with our shared climate ambitions and future readiness."
Norway stands as the largest gas supplier to the EU, accounting for approximately one-third of the Union's imports. Additionally, the energy infrastructures of both Norway and Belgium are already interconnected through two gas export pipelines leading from Norway to Zeebrugge, located on the Belgian coast.