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BRIEF-Valero And BlackRock Partner With Navigator For Large-Scale Carbon Capture And Storage Project

· 03/16/2021 09:04
BRIEF-Valero And BlackRock Partner With Navigator For Large-Scale Carbon Capture And Storage Project

- Valero Energy Corp VLO.N:

  • VALERO AND BLACKROCK PARTNER WITH NAVIGATOR TO ANNOUNCE LARGE-SCALE CARBON CAPTURE AND STORAGE PROJECT

  • VALERO ENERGY CORP - NAVIGATOR LAUNCHES A NON-BINDING OPEN SEASON TO SOLICIT INTEREST IN FIRM CAPACITY

  • VALERO ENERGY CORP - VALERO EXPECTED TO BECOME ANCHOR SHIPPER BY SECURING A MAJORITY OF INITIAL AVAILABLE SYSTEM CAPACITY

  • VALERO ENERGY CORP - NAVIGATOR EXPECTED TO LEAD CONSTRUCTION & OPERATIONS OF SYSTEM AND ANTICIPATES OPERATIONS TO BEGIN LATE 2024

  • VALERO ENERGY CORP - INITIAL PHASE EXPECTED TO HAVE CAPABILITY OF PERMANENTLY STORING UP TO 5 MILLION METRIC TONNES OF CARBON DIOXIDE PER YEAR

  • VALERO ENERGY CORP - SYSTEM COULD BE EXPANDED TO TRANSPORT AND SEQUESTER UP TO 8 MILLION METRIC TONNES OF CARBON DIOXIDE PER YEAR

Source text for Eikon: ID:nBw8Y7xVza

Further company coverage: VLO.N


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