Orlen, Equinor Explore CCS Projects in Poland

Poland’s Orlen and Norway’s Equinor have signed a memorandum of understanding to collaborate on Carbon Capture and Storage (CCS) technology, focusing on identifying potential CO₂ storage sites in Poland, including onshore locations and the Baltic Sea. The partnership aims to enhance Orlen's decarbonization strategy, with a target to achieve an annual carbon capture capacity of 4 million metric tons by 2035. Both companies express optimism about developing a CCS value chain, contingent on regulatory approvals and infrastructure development. Equinor, a leader in CCS, has previously undertaken large-scale initiatives and believes Poland offers suitable geological formations for carbon storage. This initiative aligns with broader European efforts to scale CCS technology and curb emissions from coal-dependent economies. The collaboration signifies a significant step towards advancing low-carbon solutions and enhancing energy security in the region.