Carbon capture, usage and storage (CCUS) projects: re-use of oil and gas assets
Read the full outcome
Detail of outcome
The response identifies:
- opportunities and barriers to the re-use of oil and gas assets for CO2 transport and storage to facilitate the deployment of CCUS at scale
- oil and gas assets expected to have the greatest re-use potential for CCUS projects
- where further work will be done, in partnership with industry and regulators, to develop guidance on the technical feasibility and requirements for re-using oil and gas assets, and on the handling of decommissioning liabilities
Detail of feedback received
We received 35 responses to the consultation, broken down into the following groups:
- oil and gas and industrial sectors (12)
- trade bodies and industry associations (6)
- academia (including individuals) and professional bodies (8)
- consultancy groups (7)
- UK devolved administrations (2)
Respondents were generally supportive of the initial proposals for the types of infrastructure with the greatest re-use potential, work to address barriers to the transfer of assets, and on proposals for the preservation of suitable assets to allow for future re-use in CCUS projects.
Original consultation
Consultation description
In the CCUS deployment pathway: action plan, we committed:
- to complete a process to identify existing oil and gas infrastructure that has the potential for re-use for carbon capture, usage and storage (CCUS)
- to develop a policy on this
We’re seeking views on this infrastructure and the associated policy proposals to:
- introduce a discretionary power for the Secretary of State to remove the decommissioning liability from previous oil and gas asset owners if assets are transferred to CCUS projects
- change policy and guidance documents to encourage owners and operators of oil and gas assets to propose a period of suspension prior to decommissioning
This consultation is of particular interest to:
- the CCUS industry
- oil and gas companies
- groups interested in CCUS
but anyone with an interest in CCUS and its potential role in meeting our net-zero target is welcome to respond.
Documents
Updates to this page
Last updated 17 August 2020 + show all updates
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Government response published.
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First published.