Norway spends nearly 4 million USD researching sea CO2 storage

Norway on January 4 announced it will conduct a feasibility study on the idea of ​​storing carbon dioxide (CO ₂ ) at three different locations outside the Norwegian continental shelf.

Under the agreement signed on January 4 between the Ministry of Energy and Norwegian Petroleum and Statoil Oil and Gas Group, the Norwegian Government will spend about 35 million kroner (3.94 million USD) for this research project. and is expected to be completed on June 1 next.

Smoke dust factory.(Source: AFP / VNA).

Norwegian Minister of Energy and Petroleum Tord Lien stressed that CO2 storage and collection (CCS for short) is an important measure to reduce climate change and meet the objectives set out in The agreement on global climate change mitigation was achieved at the 21th United Nations Framework Convention on Climate Change (COP21) in Paris, France, in December 2015.

Mr. Tord Lien expressed his delight at Statoil's participation in this feasibility study project. Staoil has nearly 20 years of experience in this field, in which the company's first " CO2 " storage facility is located in the Sleipner gas field in the North Sea, only from Norway's Stavanger city. about 250km to the west.

The Norwegian government's CO ₂ collection and storage strategy includes the development of technologies to collect, transport and store this greenhouse gas.

The above feasibility study project will be an important step towards achieving the Norwegian CCS goal.