Japanese steel manufacturer Nippon Steel will collaborate with carbon capture and storage (CCS) project developer deepC Store (deepC) to study the commercial potential for carbon capture, transport and storage of liquefied carbon dioxide (LCO2).
Announced today (14th February), this evaluation will focus on the feasibility of deepC to capture and transport between one and five million tonnes per annum of LCO2 from Nippon Steel’s industrial processes to deepC’s flagship offshore floating CCS hub project, CStore1.
The agreement will see Nippon Steel and deepC (along with partners) considering related technical conditions and also the key commercial terms involved in the capture and transport of LCO2.
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