Offtake agreement signed for North Sea Project Greensand

INEOS has signed an agreement to store up to 210,000 metric tons/year of CO2 emitted by Öresundskraft Kraft & Värme at the Project Greensand subsurface storage site.
Related To: 
April 15, 2025
Courtesy INEOS
Project Greensand
Öresundskraft Kraft & Värme AB and INEOS, on behalf of Project Greensand, have signed an agreement to investigate the opportunity to store up to 210,000 tonnes of CO2 annually from Sweden in Denmark.

In Sweden, INEOS has signed an agreement to store up to 210,000 metric tons/year of CO2 emitted by Öresundskraft Kraft & Värme at the Project Greensand subsurface storage site in the Danish North Sea.

First volumes are set to be stored from 2028. INEOS is leading the development, in partnership with Harbour Energy and Nordsøfonden. Greensand will receive emitted CO2 industrial customers in various European countries.

Project Greensand updates:

Courtesy Svanehøj
Northern Lights CO2 carriers
INEOS has contracted Svanehøj to provide CO2 cargo pumps for the Project Greensand carbon capture and storage (CCS) development in the Danish North Sea.
Feb. 11, 2025
Courtesy INEOS Energy/Greensand Future
Greensand Future partners commit to full-scale North Sea CCS development
INEOS and its partners have taken FID on their carbon capture and storage project.
Dec. 10, 2024
Courtesy Wagenborg
EasyMax CO2 carrier
INEOS has contracted shipyard Royal Wagenborg to build a new CO2 carrier for the Project Greensand CCS development in the North Sea.
Nov. 13, 2024
Courtesy INEOS Energy
Project Greensand
DNV has certified the first offshore CO2 storage site in the Danish North Sea.
Sept. 20, 2024
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