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Air Liquide (Paris:AI) and Dunkerque LNG welcome the decision
of the European Commission to support the D'Artagnan project. This
CO2 transportation and exportation infrastructure is part of the
“Cap Décarbonation” initiative, which aims to reduce CO2 emissions
by 1.5 million tonnes each year in the industrial basin of Dunkirk
and its surroundings. The D’Artagnan project will include an Air
Liquide pipeline to transport CO2 from the sites of capture as well
as a terminal located in the port of Dunkirk to liquefy and load
CO2 on ships. The first CO2 infrastructure project in France to
receive support from the European Union, D’Artagnan would benefit
from a grant of more than 160 million euros as part of the CEF-E
(Connecting Europe Facility for Energy) funding program if the
project is implemented.
D’Artagnan is the central link of a complete value
chain - the “Cap Décarbonation” initiative - which is composed of
complementary projects:
- CO2 capture at Eqiom (cement plant
in Lumbres1, North of France) and Lhoist (lime production in Réty2,
North of France), thanks to the implementation of Air Liquide’s
CryocapTM proprietary technology, benefiting from the Innovation
Fund funding program. - CO2 transportation by pipelines and
CO2 exportation terminal - D’Artagnan project.
As part of the D'Artagnan project, the CO2 captured would be
transported by pipelines built and operated by Air
Liquide to a new CO2 terminal in the West Port of Dunkirk, in
the proximity of the LNG terminal.
This new terminal, which would be built and operated by
Air Liquide and Dunkerque LNG, would receive and liquefy
CO2, for shipment to permanent storage sites in the North Sea. As
such, Air Liquide and Dunkerque LNG shareholders formed a joint
venture which will benefit from Air Liquide's expertise in CO2
management and liquefaction, combined with Dunkerque LNG’s
experience in operating terminals. Designed to be open to
industrial companies in the region for the transport and shipment
of CO2, this terminal would be able to receive 1.5 million
tonnes per year, and, in the future, additional volumes of
up to 4 million tonnes of CO2 per year - equivalent to more
than 5% of greenhouse gas emissions from industry in France. It
would thus open the way to other CO2 capture and sequestration
projects in the Dunkirk basin.
D’Artagnan would represent an estimated investment of
more than 400 million euros3 and would benefit from a grant
of more than 160 million euros as part of the CEF-E
(Connecting Europe Facility for Energy) funding program. The
investment decision of the project will be linked in particular to
the signing of CO2 management and capture as a service
contracts.
The first CO2 infrastructure project in France to receive
support from the European Union, D’Artagnan marks an essential step
towards the implementation of the capture and sequestration
technologies needed to reduce CO2 emissions in France and
Europe.
These technologies are crucial to significantly reduce CO2
emissions from industrial sectors producing essential materials
(such as cement and lime), whose emissions are in part difficult to
reduce because they are inherent to the manufacturing process.
Emilie Mouren-Renouard, member of Air Liquide’s
Executive Committee and Chief Executive Officer of the Europe
Industries Hub, said: “Today is the first time that a CO2
infrastructure project in France receives support from the European
Union. Together with our partner Dunkerque LNG we are delighted
with this major milestone! Decarbonizing industry will be pivotal
to achieving the European Union objective of reducing emissions by
55% by 2030. This is why we are involved in the D'Artagnan project,
which is part of the wider “Cap Décarbonation” initiative: bringing
our expertise and technologies to help industrial players in the
Dunkirk industrial port basin to significantly reduce their CO2
emissions.”
Olivier Heurtin, Chairman of Dunkerque LNG, added:
"This is an exciting time for the D'Artagnan project. We are
celebrating an important milestone. Europe's support is a testimony
to the commitment, expertise and collaborative spirit of all the
project partners. Together, we are making a positive impact. With
this project, Dunkirk would have its own CO2 export infrastructure.
The first in France. This shows that this project will be a major
factor in the competitiveness and attractiveness of Dunkirk and
surrounding area. We are enthusiastic and proud to be an essential
link in this project, which will benefit the environment, the
region and its residents.”
Co-funded by the European Union. Views and
opinions expressed are however those of Air Liquide and Dunkerque
LNG only and do not necessarily reflect those of the European Union
or CINEA. Neither the European Union nor the granting authority can
be held responsible for them.
About Air Liquide
Air Liquide is a world leader in gases, technologies and
services for industry and healthcare. Present in 72 countries with
67,800 employees, the Group serves more than 4 million customers
and patients. Oxygen, nitrogen and hydrogen are essential small
molecules for life, matter and energy. They embody Air Liquide’s
scientific territory and have been at the core of the Group’s
activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 27.5 billion euros
in 2023. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
About Dunkerque LNG
Dunkerque LNG, a subsidiary of Fluxys, an independent gas
infrastructure group operating throughout Europe, owns the
Dunkerque LNG Terminal.
The Group's offer combines gas transmission and storage, as well
as port infrastructure management for liquefied natural gas (LNG).
Fluxys has 40 years' experience in LNG operations and gas
transmission. Its LNG assets and partnerships include the Dunkirk,
Zeebrugge, Revithoussa and Quintero (Chile) LNG terminals, an LNG
bunkering vessel, and numerous assets and partnerships in gas
transmission and storage infrastructures around the world.
The Dunkirk LNG terminal has been in service since 2016. It is
located in the western outer harbor of the Grand Port Maritime de
Dunkerque (GPMD) on a 56-hectare platform. The second largest
terminal in continental Europe, it has an annual regasification
capacity of 13 billion m3 of gas, or around 20% of annual French
and Belgian natural gas consumption.
1 Phase 2 of K6 project which is subject to additional funding,
regulatory approvals and internal feasibility assessments prior to
commencement. 2 CalCC project 3 This investment includes the
construction of the pipelines and of the CO2 exportation terminal,
before consideration of the funding attributed by Europe.
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AIR LIQUIDE
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
Dunkerque LNG
Manon Lemaire Chargée de communication
m.lemaire@dunkerquelng.com
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