29 Aug 2022

Horisont Energi and Koole Terminals to Develop CO2 Terminal in the Port of Rotterdam

Horisont Energi and Koole Terminals to Develop CO2 Terminal in the Port of Rotterdam
Port of Rotterdam

Horisont Energi and Koole Terminals, an independent liquid bulk storage company, announced on 26 Aug the planned development of a CO2 terminal in the Port of Rotterdam. 

This terminal and storage facility at the Port of Rotterdam will handle both clean ammonia and CO2. Redevelopment of several hectares for tank storage, multi-modal connections, and access to at least two deep-sea jetties will allow for multi-million tonnes of product throughput.

In the fall of 2021, the two companies signed a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam for clean ammonia produced and shipped from the clean ammonia plant Barents Blue. 

The agreement will have a wider scope going forward, and it now includes the intermediate storage of CO2 which will be permanently stored at Horisont Energi’s planned offshore storage facilities in Norway.

“We are very excited to announce that our cooperation with Koole Terminals will include a CO2 terminal,” said  Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi T

“The two companies have cooperated well during this first year, and it is essential for us to bring about solid relationships with key storage, handling, and transport partners in the region so we can establish an end-to-end carbon capture and storage (CCS) service, while ensuring that our clean ammonia can reach all potential clients. This is an important step for Horisont Energi,” said Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi.

The Port of Rotterdam is the major energy hub for Western Europe, with around 13 percent of the total energy demand in Europe entering the EU via Rotterdam. Koole Terminals is one of the leading operators in storage, processing, and logistics at the port.

“We look forward to continuing our great collaboration with Horisont Energi. This partnership fits very well with Koole Terminals’s sustainable energy strategy to facilitate the transition to a low-carbon future, and we are proud to work together with Horisont Energi to materialize their European distribution hub for renewable energy and CO2.

“Furthermore, it will accelerate Koole Terminals’ international expansion plans to reach new markets,” said Tamme Mekkes, Business Development Director of Koole Terminals. 

Press release edited by Suzanna Hayek

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