London, 17 October 2023 - Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero (DESNZ) on the key terms and conditions for the economic, regulatory and governance model for the transportation...Heads of Terms Agreement • October 17th, 2023
Contract Type FiledOctober 17th, 2023Set out in Heads of Terms, these principles pave the way for the completion of definitive agreements in the coming months. The agreement is an important step towards HyNet North West becoming fully operational as the world’s first asset based regulated CCS business, providing carbon transportation and storage for companies in the North West of England and North Wales.