The project will be designed to capture carbon dioxide and store it permanently offshore

Planned or announced projects are almost double those currently operating says report

The project will be built at an existing facility in the port of Rotterdam by 2025

The ‘HyNet Industrial Fuel Switching’ programme aims to make the industry confident to make the switch from natural gas to hydrogen

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions