Vopak and Northern Territory Government have signed a memorandum of understanding (MOU) to develop a carbon dioxide (CO2) import terminal in the Middle Arm Sustainable Development Precinct.
The common user hub will support the development of CO2 imports, storage and handling in the Darwin area and help companies manage their emissions.
Imported CO2 can be captured from industrial plants or neighbouring countries. It will be stored in large tanks before being transferred to underground CCS facilities, or recycled for utilisation.
Eva Lawler, Chief Minister of The Northern Territory, said the Lawler Labor Government is committed to advanced manufacturing and green energy production.
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