D4.2 Legal and regulatory framework for Swedish/Norwegian CCS cooperation

Abstract

A description is provided of the legal/regulatory situation, as of early December 2021, for CO2 transport from Sweden/Preem AB to Norway/Northern Lights. CO2 transport from Sweden to Norway for the purpose of geological storage under the seabed is since 2019 legal, thanks to the provisional application of the amended Article 6 of the London Protocol, provided that the necessary unilateral declarations are deposited from Norway and Sweden to IMO and that Sweden and Norway enter a bilateral agreement on the matter. Economic incentives for CCS include the EU-ETS for fossil CO2 and the Swedish support for Bio-CCS through reverse auctioning.