EET Fuels, operating as Essar Oil (UK) Ltd, has reached a milestone in its industrial carbon capture (ICC) project. The company appointed Toyo Engineering India Pvt. Ltd. (Toyo-India) to oversee the critical front-end engineering design (FEED) stage.
FEED Stage Crucial for ICC Project Success
The FEED stage is crucial for advancing the ICC project by:
- Finalizing the design
- Mitigating risks
- Conducting a detailed cost analysis
Completing this stage will enable EET Fuels to make a final investment decision (FID) on the project. This brings the company closer to achieving its environmental goals.
Capturing One Million Tons of CO2 Annually
The ICC project aims to capture around one million tons of CO2 per year from Stanlow’s FCC unit. The Stanlow refinery’s full-residue fluid catalytic cracking (FCC) unit is one of the largest in Europe. By capturing and sequestering this CO2, the project will eliminate about 45% of Stanlow’s total emissions.
The captured CO2 will be transported through a repurposed gas network and stored in depleted Liverpool Bay gas fields. This is part of the HyNet industrial decarbonization cluster in North West England. The initiative aligns with the UK government’s efforts to support carbon capture, utilization, and storage (CCUS) projects.
Securing Stanlow Refinery’s Future
Deepak Maheshwari, CEO of EET Fuels, highlighted the importance of the ICC project for the Stanlow refinery:
“Our ambitious carbon capture and storage plans are key to securing Stanlow’s future for generations to come. The plans will vastly reduce industrial carbon emissions in the North West. This announcement is a significant milestone as we work to become the world’s first low-carbon process refinery. We look forward to working with Toyo-India to keep momentum towards achieving FID for this project.”
EET Fuels’ Broader Decarbonization Strategy
The ICC project, set for completion by 2028, is part of EET Fuels’ strategy to reduce Stanlow’s CO2 emissions. The company aims to reduce emissions by 95% by 2030. This development follows the appointment of Wood to conduct the FEED for EET Fuels’ hydrogen fuel switching project. These projects demonstrate the company’s commitment to decarbonization.
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