Fluxys establishes Belgian CO2 network operator ‘Fluxys c-grid’

Gas network operator Fluxys Belgium, Pipelink, Socofe, and the Federal Participation and Investment Company (SFPIM) join forces to create ‘Fluxys c-grid’, a CO2 network operator that must support the industry “in its transition efforts toward a low CO2 emission future”.

Pipelink is a subsidiary of the Port of Antwerp-Bruges, and Socofe is the investment vehicle of the Walloon local authorities for environmental transition. The plans were announced by a joint press release on Wednesday morning.

Common ambition

The newly created organization underlines all parties’ shared ambition to support industries transitioning to a low-carbon future. To achieve the climate objectives, Belgian politicians and industry are looking at projects to capture CO₂ and reuse or store it underground. Projects are in the pipeline, including in the port of Antwerp. New pipeline infrastructure is, therefore, needed to transport that CO₂.

CCUS

The project’s primary goal is to connect the CO2 network with export infrastructure and adjacent infrastructure in neighboring countries. Carbon Capture and Utilisation/Storage (CCUS) is essential for the industry to meet its transition targets, especially for hard-to-decarbonize sectors such as steel, petrochemicals, cement, and lime production.

Pascal De Buck, CEO of Fluxys: “With this partnership, we go for a coordinated and long-term approach across the international borders and the Belgian regions. With a service offer for industry across national and regional borders and accommodating large quantities, we can offer a competitive tariff for industries. Fluxys c-grid offers the industry the CO2 takeaway options to sustain its activity and employment.”

‘Pioneering role’

Jacques Vandermeiren, President of the board of directors of Pipelink and CEO of Port of Antwerp-Bruges: “There is a growing awareness of the need to develop CO2 capture technologies and suitable infrastructure further to transport the captured CO2 toward the Antwerp and Bruges port platforms for further transport to permanent storage sites. Establishing this cooperation is a fine example of our pioneering role as a world port and pipeline operator in transitioning to a low carbon society within our organization, on the port platform, and beyond.”

Earlier, plans were made to export CO2 to old and empty gas fields in the North Sea or a pipeline connection to the Netherlands. Belgium sees itself as a transit country for CO₂ from industry in the south of Germany to the North Sea.

Fluxys c-grid is established as a subsidiary of Fluxys Belgium, with a majority share of 77,5%; partners Pipelink and Socofe each have 10%, and SFPIM takes a 2,5% stake in Fluxys c-grid.

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