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Team up for carbon capture

Team up for carbon capture
A.P. Moller-Maersk (MAERSKb.CO) said on Tuesday it would team up with Finnish power producers Teollisuuden Voima (TVO) and Fortum (FUM1V.HE).

A.P. Moller-Maersk (MAERSKb.CO) said on Tuesday it would team up with Finnish power producers Teollisuuden Voima (TVO) and Fortum (FUM1V.HE).

Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO) said on Tuesday it would team up with Finnish power producers Teollisuuden Voima (TVO) and Fortum (FUM1V.HE) in a carbon capture and storage project.

Maersk said the partners would combine carbon capture at the Meri-Pori coal-fired power plant in Finland with transport of CO2 aboard Maersk tankers and storage in depleted oil and gas fields in the North Sea.

"The aim is to capture, transport and store in excess of 1.2 million tonnes of CO2 per year," A.P. Moller-Maersk said in a statement.

"The project aims to be in operation by 2015," Maersk said.

www.TurkishMaritime.com.tr

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