StatoilHydro looks to expand CO2 storage scheme

29 April 2008 16:13  [Source: ICIS news]

STOCKHOLM (ICIS news)--Norway’s StatoilHydro is exploring the possibility of offering other operators in the North Sea the chance to inject captured carbon dioxide (CO2) into the country’s Utsira sandstone formation, it said on Thursday.

 

The company was also considering the possibility of receiving CO2 from onshore sources for injection, it added.

 

The company has since 1996 injected more than 10m tonnes of CO2 from the North Sea’s Sleipner field under the seabed in its Utsira region.

 

"This is a good carbon capture demonstration project. Sleipner documents that carbon storage is feasible and safe," said Rolf Hakon Holmboe, Statoil's head of health, safety and the environment at the Sleipner field.

 

The EU aims to cut Europe's carbon emissions by 20 percent by 2020. Carbon storage may be one of several necessary actions.

 

A decision by the European Parliament as to whether, and on what conditions, such storage may be permitted is scheduled for 2008.

By: Sverker Nyman
44 20 8652 3214

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