Refining & Petrochemicals Middle East
Petro Rabigh, GULF CRYO inks pact to capture carbon-di-oxide emissions
Saudi Arabia’s Petro Rabigh and GULF CRYO has announced the signing of a 20year partnership for capturing 100,000 metric tonnes of carbon-di-oxide annually from the MEG plant located at Petro Rabigh complex in Saudi Arabia.
The agreement related to carbon-di-oxide was signed by Petro Rabigh P&CEO Othman A Al-ghamdi and Gulf Cryo chairman Amer Al Huneidi
The agreement is aimed at establishing a new strategic collaboration that reinforces the commitment of both companies towards enhancing local content and securing a resilient supply chain and a sustainable business environment.
In line with Petro Rabigh’s commitment to reduce carbon-di-oxide emissions and support the objectives outlined by the Kingdom’s Vision 2030, Gulf Cryo will invest, build and operate a state-of-the-art carbon-di-oxide capturing plant.
The plant will be fully operative by the second quarter of 2023, and it will be the first carbon-di-oxide capturing plant in the Western Region of Saudi Arabia.
The carbon-di-oxide capture plant will be located inside Petro Rabigh’s facilities and will be integrated as part of the whole petrochemical complex. Part of the total captured and highly-purified gas will be transformed into a food-grade quality with a volume of 300 metric tonnes/day.
It will be supplied via pipeline to Petro Rabigh for its internal processes. The remaining volume of CO2 will be provided in liquid form to industrial end-users replacing fossil fuel burning plants and contributing to an environmentally friendly economy.
In return, the captured and purified CO2 emissions are utilized as a valuable resource for food-grade innovative gas applications in Oil & Gas, Desalination, Food & Beverage, Cement, and Agriculture industries.