Fluxys makes CO2 transport and storage deal with Germany

The Belgian gas system operator Fluxys has decided to partner with two German companies to develop cross-border  CO2 pipelines to transport and store CO2 in the North Sea. The companies announced the deal on Wednesday, during the Belgian state visit to Germany.

Fluxys previously concluded an agreement with the German oil and gas company Wintershall Dea (a BASF subsidiary) for capturing, transporting, and storing CO2 to reduce emissions and thus achieve climate goals. The idea is to store emissions for the German industry in the North Sea. Now, a second German company, Open Grid Europe (OGE), has also joined the project.

Gas fields in the North Sea

OGE will be responsible for the development of the infrastructure in Germany. Fluxys will be responsible for the Belgian pipelines. Fluxys intends to provide the capacity to transport 30 million of CO2 via its own infrastructure by 2030.

The three partners will jointly build the pipeline infrastructure to transport CO₂, captured in the highly industrialized southern German region, to Antwerp, Ghent, and Zeebrugge. From these Belgian export hubs, the greenhouse gas will be transported by pipeline or ship to be stored in empty underground gas fields in the North Sea.

By combining CO₂ flows from Germany and Belgium, the partner companies hope to achieve economies of scale and ‘competitive CO₂ transport prices’.

Decarbonization

Mario Mehren, CEO of Wintershall Dea: “Decarbonisation will be key to remain competitive. Therefore, we are glad to have partners Fluxys and Open Grid Europe to build an infrastructure that provides reliable removal of CO2 to offshore storage sites.”

Dr. Jörg Bergmann, CEO of OGE: “The option of transit or cross-border transport of CO2 will make a valuable contribution toward achieving the climate targets and maintaining industrial value creation in Germany.”

Pascal De Buck, CEO of Fluxys: “The CCS (carbon capture and storage) chain is essential for the industry to decarbonize while maintaining economic activity and employment.”

Hydrogen

In parallel with the CO₂ deal, Fluxys Belgium concluded a renewed cooperation agreement with OGE on Wednesday to construct a pipeline to supply the German industry with hydrogen. The hydrogen connection should be ready by 2028.

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