INEOS To Launch Europe's Offshore CO2 Carrier on May 14

May 1 (Reuters) - INEOS:

• SAYS FIRST EUROPEAN BUILT OFFSHORE CO₂ CARRIER TO BE CHRISTENED AND LAUNCHED ON MAY 14

• SAYS THE VESSEL IS SPECIFICALLY DESIGNED TO TRANSPORT LIQUEFIED CO₂ FROM ONSHORE CAPTURE SITES TO OFFSHORE STORAGE IN THE DANISH PART OF THE NORTH SEA

• SAYS ONCE LAUNCHED AND OPERATIONAL, THE CARRIER WILL SAIL REGULAR ROUTES FROM PORT ESBJERG TO THE NINI WEST PLATFORM, WHERE THE CO₂ WILL BE INJECTED FOR SAFE AND PERMANENT STORAGE TO THE NINI RESERVOIR APPROX. 1,800 METRES BENEATH THE SEABED