Carbon+Intel: NOVATEK obtains certification for CO2 underground storage sites

PAO NOVATEK revealed that the first of three stages of international certification for long-term CO₂ underground storage sites in the Yamal and Gydan Peninsulas has been successfully completed and that site feasibility certificates have been issued for further study of the sites and subsequent certification stages.

DNV issued certificates of conformity with international standards ISO 27914:2017 CO₂ Geological Storage and DNVGL-SE-0473 Certification of Sites and Projects for Geological Storage of CO₂. 

Pursuant to the issued certificates, the geological formations within the Obskiy (Yamal) and Tadebyayakhinskiy (Gydan) license areas have the capacity to store at least 600 MMt of CO₂ each, which is supported by calculations. The calculations were made by NOVATEK's Scientific and Technical Center with the involvement of international service companies, and verified by DNV.

“Having certified CO₂ geological storage sites is an important element of the company's strategy to decarbonize production clusters for LNG and low-carbon gas chemicals”, said Leonid Mikhelson, Chairman of NOVATEK’s Management Board. “The large potential of the certified CO₂ storage sites allows both capturing and storing CO₂ generated at our own production facilities, and offering CO₂ underground storage services to third parties."

NOVATEK is currently finalizing the pre-FEED stage for CO₂ capture and treatment infrastructure in Yamal, with subsequent CO₂ injection in the subsurface for long-term storage. The project will allow reducing the carbon footprint of the company's existing and prospective projects, including LNG plants and gas chemical production facilities.

 

 

 

 

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