CO2next project, Netherlands
Name of the Project
CO2next project.
Location
At Maasvlakte, in the Port of Rotterdam, in the Netherlands.
Project Owner/s
Gasunie, Vopak, Shell and TotalEnergies.
Project Description
The project aims to build a liquid CO2 terminal that can be used by customers not connected to a CO2 pipeline to ship liquid CO2.
The terminal will be a critical piece of CO2 infrastructure that can be leveraged as part of the carbon capture and storage (CCS) chain.
It will have a launch capacity of about 5.4-million tonnes a year, with the potential to increase to about 15-million tonnes a year, depending on market demand and the development of the Aramis CCS project and other CCS chains.
The Aramis CCS project aims to transport CO2 to depleted offshore gasfields under the North Sea.
Potential Job Creation
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
The final investment decision is expected in 2025. The terminal is forecast to start commercial operations in 2028.
Latest Developments
CO2next is entering the front-end engineering design (FEED) phase and has awarded its FEED contract to engineering and technology group Sener.
During the FEED phase, the design, realisation schedule and cost of the proposed CO2next terminal will be further defined.
The relevant permits must also be received and customers will be contracted in preparation for the final investment decision currently planned for 2025.
Key Contracts, Suppliers and Consultants
Sener (FEED).
Contact Details for Project Information
CO2next, email maartje.steenvoorden@thereputationbuilding.com.
Gasunie, email info@gasunie.nl.
Vopak head of investor relations analysts and investors Fatjona Topciu, email investor.relations@vopak.com; or manager external communication Liesbeth Lans, email global.communication@vopak.com.
Shell, email media-nl@shell.com.
Total Energies, email media-nl@totalenergies.com.
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