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0.000306419488279394 0.000766048720698593 0.000306419488279394 0.000153209744139588 0.00377968438792692 0.00651141412593836 0.00536234104489037 0.00137888769725738
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Norway: TotalEnergies and Partners Launch the 2nd phase of Northern Lights CCS Project

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Business Wire
Northern Lights will increase its CO2 storage capacity to more than 5 Mt per yearNorthern Lights signed a commercial agreement with Stockholm Exergi for transport and storage of 900 kt CO2/y, from 2028First CO2 storage from Phase 1 of the project is expected this summer PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028.The first phase of Northern Lights is completed and ready to receive CO2 from industrial emitters. Operations are expected to start this summer, with the first CO2 transportation by ship from Heidelberg Materials’ cement factory in Brevik, Norway and its injection and permanent storage into a reservoir 2,600 meters below the seabed, off the coast of Øygarden, western Norway.The s Show less Read more
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