Yara invests in CCS in Sluiskil and signs binding CO2 transport and storage agreement with Northern Lights – the world’s first cross-border CCS-agreement in operation
Oslo, 20 November 2023: Yara International, a leading global ammonia player, and Northern Lights, a CO2 transport and storage supplier, sign a binding commercial agreement, enabling the first cross-border transportation and storage of CO2. Yara aims to reduce its annual CO2-emissions by 800,000 tons from the ammonia production at Yara Sluiskil. The CO2 will be liquefied and shipped by Northern Lights from the Netherlands to permanent storage on the Norwegian continental shelf, 2.6 kilometres under the seabed.
– This is a milestone for decarbonizing hard-to-abate industry in Europe and for Yara it’s an important step towards decarbonizing our ammonia production, product lines and the food value chain at large, says Svein Tore Holsether, CEO of Yara International.
– We are very pleased that Yara has selected Northern Lights as...
