Statoil and Shell want to form a joint company which will transport the greenhouse gas CO2 from gas fired power plants to the Draugen Field in the Norwegian Sea. This will increase output of oil and extend the life of the field. The plans will be presented Wednesday morning.
In this way it will economically feasible to build gas-fired power plants with today's technology, NRK reports.
According to NRK, the companies will propose the building of a shore based gas-fired power plant. The CO2 gas will be transported to the Draugen Field in the Norwegian Sea, where Shell is operator.
Here the gas will be pumped down into the reservoir, and used to force more oil out of the rock.
The proposal calls for Shell to pay for the gas, and in this way making it economically profitable to build a gas powered energy plant with CO2 cleansing.
Up to now it has been difficult to find anyone willing to put money into such a plant because the costs have been too high.
The plan will be presented just days after it was announced that Central Norway is about to face a shortage of electricity in just a couple of years.
The Draugen Field is located off the coast of Central Norway.
(NRK/Norway Post)
Rolleiv Solholm
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