Signal · Supplier & Corporate Risk
Watch live as INEOS opens the first full-scale CO₂ storage site in the EU
What the source reported
Source-reported<p>The project, which is led by INEOS Energy alongside Harbour Energy and Nordsøfonden, demonstrates that carbon capture and storage is no longer a future ambition. It is now a reality.<br /> <br />INEOS will source CO₂ primarily from Danish biomethane plants. This enables the full CCS value chain to be established and operated using CO₂ volumes that are readily available, while capture projects across industry continue to develop and scale. Once captured, CO₂ is liquefied, delivered by truck to a dedicated CO₂ terminal at Port Esbjerg, shipped aboard Carbon Destroyer 1 - the EU's first purpose-built CO₂ carrier - and injected into the Nini West reservoir, a depleted oil field some 250 kilometres offshore, approximately 1,800 metres beneath the seabed.</p> <p>In this first commercial phase, Greensand can store up to 400,000 tonnes of CO₂ annually. The site has been designed to expand significantly, with the potential to store up to 4-8 million tonnes each year as demand grows.</p> <p><a href="http://www.ineos.com/link/ea4d4625441e4f38ac3abfb7f246eea1.aspx">Read full press release here</a></p> <p><a href="https://m.youtube.com/watch?v=g_GP9e0G7is" target="_blank" rel="noopener">Watch on mobile</a></p> <p style="text-align: center;"><iframe title="YouTube video player" src="https://www.youtube.com/embed/g_GP9e0G7is?si=qoDaITtlAwJmN4lB" width="500" height="315" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="allowfullscreen" referrerpolicy="strict-origin-when-cross-origin"></iframe></p>
- Publication
- INEOS latest news RSS · Commodity/Energy Organisation
- Published
- 18th September 2026
- Original report
- ineos.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supplier & Corporate Risk
- Geography
- United Kingdom
- Organisations
- None identified
- Collected
- 29th September 2026 · 19:51
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (26.0/100). Strongest contributor: Procurement Impact (18.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Moderate (47.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (28.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth