This is the sixth time that acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS).
Several commercial companies have made inquiries to the ministry with a desire regarding awards of one or more specific storage areas. These inquiries form the basis for the areas now being announced.
Announcement and possible allocation of area for a storage permit will take place after individual application. The permitting process is initiated by companies by applying for permits according to the storage regulations, after having established that they have a sufficiently good basis for applying. The application deadline is 24 April 2024.
Minister of Energy, Terje Aasland, said: “I am very pleased that several companies want storage areas for commercial storage of CO2 on the Norwegian continental shelf. We have developed a system that provides good access to promising areas.”
