Northern Lights announced its’ final investment decision for the expansion project which will increase transport and storage capacity to a minimum of 5 million tons CO2 per year, following the signing of a commercial agreement to transport and store up to 900,000 tons CO2 from Stockholm Exergi annually.

The expansion of Northern Lights will increase the transport and storage capacity from 1.5 million to a minimum of 5 million tons of CO2 per year, enabling further reduction and removal of European industrial CO2 emissions.

Northern Lights JV announced that the second CO2 transport ship, Northern Pathfinder, has been delivered at Dalian Shipbuilding Industry Co. in Dalian, China. The Northern Pathfinder follows the Northern Pioneer, which was delivered in November this year, and will play a crucial role in safely transporting liquefied CO2 from industrial capture sites in Europe to the Northern Lights receiving terminal in Øygarden, Norway.