In June, the CO2next project reached an important milestone by entering the Front-End Engineering Design (FEED) phase. The FEED contract has been awarded to engineering and technology group Sener. During the FEED phase, the details of the design, implementation and costs of the proposed storage terminal will take shape. Relevant permits must be obtained, and customers will be contracted in preparation for the final investment decision (FID), which is scheduled for 2025.
Crucial part of the CCS value chain
The CO2next project aims to build a liquid CO2 terminal at the Maasvlakte in Rotterdam and connect it to the Aramis infrastructure. This way, CO2next will enable companies not connected to a CO2 pipeline to ship liquid CO2. As a result, the terminal will be a crucial part of the CO2 infrastructure and the CCS chain. The technical feasibility and development of the CCS chain is being jointly explored with Aramis.
Joint action is vital
The various chain partners are closely coordinating their actions to complete the technical and permitting procedures and establish the CCS value chain. When Aramis makes the FID in 2025 and moves into the next phase, it is important that CO2next and Porthos are also ready to enter this stage.
A technical design (FEED) is required to make this decision, and after Aramis (December 2023), CO2next has now entered this project phase as well. This is good news because it ensures that the decision-making processes of the CCS partners in the value chain remain closely aligned. Such coordination is crucial for the joint construction and leveraging of the necessary CO2infrastructure to help industry decarbonise.
Read more about the CO2next project here: CO2next project achieves important milestones for developing crucial CO2 infrastructure in Rotterdam — CO2next Liquified CO2 terminal
