Iowa fertilizer company reserves capacity on CO2 pipeline
CO browser2 Ventures, a Dallas-based sequestration specialist, said on Nov. 29 it had reached an agreement with a fertilizer company to provide transportation and storage services on its Heartland Greenway project.
Heartland Greenway is a 2,100 km long pipeline project that could have a peak sequestration capacity of 15 mn mt / year of CO2. Assuming all hurdles are removed, the project could be up and running by 2025, serving industrial customers in Illinois, Iowa, Minnesota, Nebraska and South Dakota.
Navigator said it has reached an agreement with Iowa Fertilizer Company, a subsidiary of fertilizer producer OCI, to provide transportation and storage facilities on the Heartland Greenway project.
Navigator envisages a capacity to carry around 1.1 million tonnes / year of CO2 for the Iowa company. Once all the parts are installed, Navigator assumes that this will be enough to capture all the CO2 issued by the Iowa Fertilizer Company, which operates the state’s largest fertilizer plant.
“We are delighted to partner with Navigator on this project which provides an efficient and rapid solution to reduce our CO2 and deliver low-carbon products to our customers throughout the value chain from our global facility in Iowa, âsaid Ahmed El-Hoshy, CEO of OCI.
The project is supported by investment firm BlackRock and is commercially anchored by Texas energy firm Valero.