The funding is targeted at constructing shared carbon dioxide transport and export facilities on the Antwerp port platform. The final investment decision for the Antwerp@C CO2 Export Hub is expected in 2023.
The project is set up as an open-access infrastructure to transport, liquefy and load carbon onto ships for permanent offshore storage. The carbon dioxide captured on industrial players’ sites on the Antwerp port platform will be transported through an intra-port open-access pipeline network.
Air Liquide and Fluxys plan to form a joint venture for constructing and operating the carbon liquefaction and export terminal. Air Liquide will provide its patent technology for the liquefaction plant, which will be a first-of-a-kind in scale and design.
The project is the first phase of Antwerp@C, an initiative that brings together Air Liquide, BASF, Borealis, ExxonMobil, INEOS, TotalEnergies, Fluxys, and Port of Antwerp-Bruges with the ambition to cut in half the carbon emissions in the Antwerp port area by the end of the decade.
The Antwerp@C CO2 Export Hub is planned to have an initial export capacity of 2.5 million metric tons per year, with the ambition to reach as much as 10 million tons by 2030.