• The future open-access, multimodal terminal will be capable of handling up to 3.5 million tonnes of CO2 per year
• Expected to become operational in 2030, the terminal will connect industrial emitters with permanent storage sites beneath the North Sea
Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO2 export terminal at the Port of Amsterdam. The transaction will help accelerate the development of infrastructure designed to connect industrial emitters in the Amsterdam region and other parts of the Netherlands and Germany with permanent geological
storage sites beneath the North Sea seabed.
Carbon capture is one of the solutions available to manage hard to abate emissions from industrial sectors that need to decarbonise. However, its large-scale deployment requires infrastructure capable of collecting captured CO2, aggregating volumes from different emitters and transporting them to permanent storage sites. SeaSeaS Amsterdam aims to become Western Europe’s first open-access CO2 export terminal. It will be able to handle CO2 from both biogenic and non-biogenic sources. It is being designed to handle up to 3.5 million tonnes per year and receive CO2 by vessel, rail, road or pipeline. From Amsterdam, the CO2 will be transported by sea to permanent storage sites across the North Sea.This multimodal model will give companies of different sizes access to the carbon capture and storage value chain, including those without a direct pipeline connection. The terminal is expected to become operational in 2030.
Exolum’s participation will bring to the project its experience in developing and operating large-scale logistics infrastructure, together with its expertise in the transportation and storage of liquid products. These capabilities will support the development of a safe terminal that can expand as demand grows.
Nacho Casajús, Senior Vice President of Exolum Global Energy Logistics, said: “Carbon capture can only be deployed at scale if the infrastructure is in place to connect industrial emitters efficiently with different permanent storage sites. SeaSeaS Amsterdam has the potential to become an important part of that value chain in Northern Europe, which is expected to grow significantly in scale. This project is fully aligned with our strategy of developing infrastructure that supports industrial decarbonisation and energy transition for our customers. It also complements our existing developments in CO2 logistics and storage in CCUS value chains in both Spain and the UK "
Kees van Seventer (CEO) and Peter Boers (COO), founders of SeaSeaS, said: “Carbon capture and permanent storage can make a direct contribution to reducing industrial emissions. To achieve this, however, companies need access to efficient infrastructure that can accommodate different types of emitters. Our ambition is to develop an open-access terminal in Amsterdam that connects
industry across inland Europe with storage sites in the North Sea. Exolum’s involvement will strengthen the project and help move it closer to becoming operational.”
The Port of Amsterdam offers a strategic location for the development of this logistics chain due to its connections with major industrial areas in the Netherlands and Germany. Initially, the terminal will enable CO2 to be transported to permanent storage sites. In the future, it could also facilitate its use as a feedstock for projects developed within the port area.
About SeaSeaS Amsterdam
SeaSeaS Amsterdam is developing an open-access, multimodal terminal at the Port of Amsterdam for the receipt, temporary storage and export of liquefied CO2. The project will aggregate flows from different emitters and transport them by sea to permanent storage sites in the North Sea.
The terminal is being designed to receive CO2 by barge, rail, road or pipeline and will have the capacity to handle up to 3.5 million tonnes per year. Operations are expected to commence in 2030.
About Exolum
Exolum is a leading international company specialising in energy logistics and the transportation and storage of liquid products and gases. It employs more than 2,500 people and operates in ten countries. The company manages more than 6,000 kilometres of pipelines, 66 storage terminals and 50 airport facilities, with a total capacity of more than 11 million cubic metres. As part of its strategy, Exolum is developing CO2 logistics projects designed to connect industrial emitters with permanent storage solutions or potential uses for captured CO2. These initiatives aim to support industrial decarbonisation through efficient, scalable infrastructure.