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    Eni announces the award of its second UK CO2 storage licence

Summary

This new licence in the Bacton Area comes in addition to the one obtained in the Liverpool Bay Area in 2020, where Eni is the carbon dioxide transport and storage operator for the HyNet North West project. [Image: Eni]

by: Shardul Sharma

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Europe, Natural Gas & LNG News, Topics, United Kingdom, News By Country

Eni announces the award of its second UK CO2 storage licence

Eni, the Italian energy company, has been awarded a carbon dioxide appraisal and storage licence (CS Licence) by the North Sea Transition Authority (NSTA) for the depleted Hewett gas field located 20 km offshore from Bacton, in the Southern North Sea sector of the UK, it announced on September 15.

The Hewett field has a significant total storage capacity of around 300mn tonnes, and its proximity to the Bacton industrial cluster makes it an ideal site to permanently store carbon dioxide from industries in the south-east of England and the Thames estuary area, near London.

The initial CO2 storage capacity is estimated at around 6mn tonnes/year starting at the end of the current decade and will be progressively increased to over 10mn t/year after 2030. 

This new licence in the Bacton Area comes in addition to the one obtained in the Liverpool Bay Area in 2020, where Eni is the carbon dioxide transport and storage operator for the HyNet North West project.