Following the commencement of FEED for the Provaris proprietary LCO2 tank, policy development in Germany is now pointing to a growing opportunity with a need to transport LCO2 sourced in Europe to storage sites in the North Sea, notably in Norway. The Provaris LCO2 tank is a well placed solution here in our view and we see the partnership and joint venture with Yinson Production as creating the perfect vehicle to exploit this.
