UK, Eni sign go ahead for Liverpool Bay carbon capture project
UK, Eni sign go ahead for Liverpool Bay carbon capture project
Published by Global Banking and Finance Review
Posted on April 24, 2025
Published by Global Banking and Finance Review
Posted on April 24, 2025
MILAN/LONDON (Reuters) -The British government and Italian energy group Eni have reached an agreement for the launch of the Liverpool Bay carbon capture (CCS) project, opening the way to the construction phase for the decarbonisation initiative.
The project will allow the transport of carbon dioxide (CO2) from industrial plants across the northwest of England and north Wales through new and re-purposed infrastructure to Eni's depleted gas fields in Liverpool Bay.
It also involves the construction of 35 km of new pipelines to connect industrial plants to the Liverpool Bay CCS network, Eni said in a statement.
(Reporting by Francesca Landini in Milan; additional reporting by Susanna Twidale in London; Editing by Susan Fenton)
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