The collaboration assessed technical alternatives for CO2 imports by rail and exports by ship. The terminal is designed to support carbon capture and storage (CCS) by enabling the transport of CO2 to offshore storage sites.
The deal is for a 20-year sale and purchase agreement for LNG offtake of 1.5 million tpy on a free on board basis from the Port Arthur LNG Phase 2 development project.
The agreement covers port management, container handling, and feeder container ship services for the Borouge Container Terminal in Al Ruwais Industrial City, Abu Dhabi.