StatoilHydro has produced a comprehensive ‘road map’; a detailed compendium of carbon dioxide sources, transport mechanisms and long-term storage initiatives
This will help the the company select the right route for developing a complete commercial CO2 value chain, tailored to StatoilHydro’s climate policy of no harmful discharge to the sea or emissions to the air.
- The analysis begins with a detailed overview of anthropogenic CO2 sources and the current status of present and future capture technologies.
- It then proceeds to examine all aspects of CO2 transport logistics, ranging from the most efficient states in which CO2 can be carried (e.g. compressed or liquefied) to various modes of transport like ships and pipelines.
- The final link concerns the fate of CO2, including the long-term geological storage in saline aquifers and using CO2-injecton for improving oil recovery from offshore reservoirs.
Each technical element is accompanied by a list of advantages and disadvantages, the risks involved, time schedules and StatoilHydro’s experience to date.
Having been active in CO2 management since 1996, the aim is to fully realize the value chain’s latent potential should economic circumstances permit.
High on the agenda are reducing carbon capture costs and building trust with the authorities and public, especially with respect to the safety of underground storage.