Gulf Cryo, Petro Rabigh tie up in 20-year CO2 deal in MEG plant

Gulf Cryo, Petro Rabigh tie up in 20-year CO2 deal in MEG plant

Industrial and medical gas solutions provider, Gulf Cryo, is contributing to reducing carbon dioxide (CO2) emissions at a Saudi Arabian mono-ethylene glycol (MEG) plant operated by hydrocarbon and petrochemical company Petro Rabigh.

Having recently signed a 20-year agreement, the partners aim to capture CO2 at the 600,000-tonnes/year capacity plant and advance the Kingdom’s Vision 2030 – a long term strategy to reduce emissions from industrial processes. 

A ‘state-of-the-art’ CO2 capture plant will be built and operated by Gulf Cryo as part of the venture, which is expected to be fully operative by Q2 2023, marking the first CO2 capture plant in the Western Region of Saudi Arabia. 

Set to capture 100,000 tonnes/year of CO2, the ‘highly-purified’ food grade gas will then be sent through pipelines to be reused for Petro Rabigh’s industrial processes with the remaining gas to be supplied in liquid form to industrial end-users.

Commenting on the agreement, Georgios Beretsos, CCO, Gulf Cryo, said, “This collaboration signifies our commitment to being a key part in the supply chain development and sustainability, and it illustrates Gulf Cryo’s ability to meet the stringent requirements of any industry wherever the company operates.” 

The partners aim to work towards reducing CO2 emissions by up to 2 million tonnes/year by 2042.