Regulatory News:
The EU Commission announced it will grant Air Liquide
(Paris:AI), Fluxys Belgium and Port of Antwerp-Bruges
€144.6 million under the Connecting Europe Facility for Energy
(CEF-E) funding program. The funding is earmarked for the
construction of shared CO2 transport and export facilities on the
Antwerp port platform. The grant award is a major step towards the
final investment decision, expected in 2023.
The project, named “Antwerp@C CO2 Export Hub”, is set up as an
open-access infrastructure to transport, liquefy and load CO2 onto
ships for onward permanent offshore storage. CO2 captured on
industrial players sites on the Antwerp port platform will be
collected and transported via an intra-port open-access pipeline
network. A shared liquefaction and export terminal will be built,
including a CO2 liquefaction unit, buffer storages and marine
loading facilities for cross-border shipping. This innovative
project will be among the first and largest multimodal open access
CO2 export facilities in the world.
Export terminal
As part of the project, Air Liquide and Fluxys intend to form a
joint venture for the construction and operation of the CO2
liquefaction and export terminal. The joint venture will benefit
from Air Liquide’s expertise in CO2 liquefaction and handling and
from Fluxys’ experience in terminalling activities. Air Liquide
will provide its proprietary technology for the CO2 liquefaction
plant, which will be a first of a kind in its scale and design. The
Port of Antwerp-Bruges reserved a plot of land for the terminal on
a strategic location inside the port, and will build new quay
infrastructures for the mooring of CO2 ships.
First phase of Antwerp@C
The project is the first phase of Antwerp@C, an initiative
gathering Air Liquide, BASF, Borealis, ExxonMobil, INEOS,
TotalEnergies, Fluxys and Port of Antwerp-Bruges with the ambition
to halve the CO2 emissions in the Antwerp port area by 2030. In
this first phase, Air Liquide and BASF will be the launching
customers of the export hub through their joint CO2 capture and
storage (CCS) project “Kairos@C”1. The Antwerp@C CO2 Export Hub
will have an initial export capacity of 2.5 million tonnes per
annum (Mtpa), with the ambition to reach up to 10 Mtpa by 2030. It
will pave the way for future CCS initiatives in the region by
providing scalable and modular infrastructures accessible to all
industrial players.
Pascal Vinet, Senior Vice President and a member of Air
Liquide’s Executive Committee, supervising notably Europe
Industries activities, said: “We are very pleased that the
Antwerp@C CO2 Export Hub project, supported by innovative Air
Liquide technologies, has been selected by the Connecting Europe
Facility for Energy program. Alongside the use of renewable energy,
carbon capture technology is essential to achieve in a short time
frame massive CO2 reductions and carbon neutrality objectives
namely for hard-to-abate sectors. This initiative illustrates Air
Liquide’s expertise and ambition to actively contribute to the
emergence of a low-carbon society and to support its industrial
customers in their decarbonization strategies.”
Pascal De Buck, CEO Fluxys, said: “We are delighted to
launch this CO2 infrastructure project with Air Liquide and Port of
Antwerp-Bruges. Together with our partners, we offer strong and
complementary know-how and expertise for providing reliable and
efficient decarbonisation solutions, essential for achieving
climate change objectives and ensuring the long-term viability of
the economy. Antwerp@C CO2 Export Hub is an integral part of the
full-scale Fluxys CO2 approach, offering emitters in the Port of
Antwerp-Bruges, in Belgium and beyond, the opportunity to convey
their captured CO2 through a backbone.”
Jacques Vandermeiren, CEO Port of Antwerp-Bruges, said:
“Port of Antwerp-Bruges has been committed from the very start
in the Antwerp@C project in order to reduce the CO2 emissions on
the Antwerp port platform by 50% in 2030. The fact that we have
been awarded this CEF-E subsidy today, which means we can now start
building a joint CO2 infrastructure, makes us particularly proud.
It strengthens us in our conviction that as a port authority we
must continue to fully assume our role as community builder in
order to achieve a climate impact that reaches far beyond the
boundaries of the port platform.”
The contents of this publication are the sole
responsibility of Air Liquide, Fluxys and Port of Antwerp-Bruges,
and do not necessarily reflect the opinion of the European
Union.
About Air Liquide
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
About Fluxys Belgium
Fluxys Belgium is a Euronext listed subsidiary of infrastructure
group Fluxys headquarted in Belgium. With 900 employees the company
operates 4,000 kilometers of pipeline, a liquefied natural gas
terminal totalling a yearly regasification capacity of 104 TWh and
an underground storage facility.
As a purpose-led company, Fluxys Belgium together with its
stakeholders contributes to a better society by shaping a bright
energy future. Building on the unique assets of its infrastructure
and its commercial and technical expertise, Fluxys Belgium is
committed to transporting hydrogen, biomethane or any other
carbon-neutral energy carrier as well as CO2, accommodating the
capture, usage and storage of the latter. www.fluxys.com
About Port of
Antwerp-Bruges
With an overall throughput of 289 million tonnes per year, Port
of Antwerp-Bruges is a critical hub in worldwide trade and
industry. The port is a crucial link for the handling of
containers, breakbulk and for the throughput of vehicles. Port of
Antwerp-Bruges is home to 1,400 companies and accommodates the
largest integrated chemical cluster in Europe. The port provides,
directly and indirectly, a total of around 164,000 jobs and
generates an added value of 21 billion euros.
The ambition for Port of Antwerp-Bruges is clear - to become the
world’s first port that reconciles economy, people and climate. As
well as growing in a sustainable way, the Port also aims to focus
on its unique position as a logistics, maritime and industrial
centre and to take the lead in the transition to a circular and
low-carbon economy. Together with the port community, customers and
other partners, Port of Antwerp-Bruges is actively seeking
innovative solutions for a sustainable future. High on the agenda
is its responsibility for the environment and the surrounding
society.
The port sites of Antwerp and Zeebrugge are operated by the
Antwerp-Bruges Port Authority, a limited liability company of
public law with the City of Antwerp and the City of Bruges as its
shareholders. The port employs 1,800 people. Vice-Mayor of Antwerp
Annick De Ridder is President of the Board of Directors, the Mayor
of Bruges Dirk De fauw is the Vice-President. Jacques Vandermeiren
is CEO and President of the Executive Committee, which is
responsible for the port’s day-to-day management.
1Kairos@C is a joint Air Liquide and BASF project supported by
the EU Innovation Fund that will reduce the greenhouse gas
emissions at the BASF chemical site in Antwerp by 14 Mt of CO2 over
its first 10 years of operation.
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version on businesswire.com: https://www.businesswire.com/news/home/20221211005094/en/
AIR LIQUIDE
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
FLUXYS
Press team press@fluxys.com +32 471 95 00 24
PORT OF ANTWERP-BRUGES
Press press@portofantwerpbruges.com +32 492 15 41
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