(OLIVER COUNTY, ND) – A project addressing carbon capture and storage technologies is losing a partner.
TC Energy has confirmed it is withdrawing from Project Tundra.
“TC Energy has made the decision to discontinue its development activities with Project Tundra in agreement with Minnkota. We fully support Minnkota’s efforts as they continue to advance Project Tundra, a leading CCS project that promises to deliver secure and sustainable energy solutions for North Dakota. TC Energy will continue to pursue the development of projects that align with our commercial preferences, maximize the value of our existing assets, and establish a strong competitive position,” the company said in a statement obtained Saturday afternoon.
The project is in the final project development phase, and, if constructed, will be one of the largest CO2 capture projects in the world.
