Wedoany.com Report-Aug. 30, Block Energy plc has successfully completed the initial carbon dioxide (CO2) injection for its carbon capture and storage (CCS) project in Georgia, Eastern Europe. The company confirmed that no CO2 leakage was detected on the surface following the injection. Earlier work had already confirmed connectivity between the injector well (PAT-49) and four monitoring wells, supporting the integrity of the operation.

'This pilot injection paves the way for commercial engagement with industrial partners and carbon markets'.

For this pilot study, Block Energy partnered with Indorama Corporation’s subsidiary Rustavi Azot, which delivered liquid CO2 to the site. The CO2 was injected in solution with water. Block Energy has implemented a comprehensive monitoring and verification program to track the progress of the injected CO2. The company will collect subsurface samples and analyze data to determine whether the CO2 has mineralized into solid calcium carbonate, which would confirm permanent storage.

The company anticipates that it will take four to six months to assess whether the CO2 has successfully mineralized in the reservoir. This will be crucial for determining the next steps in the project. Block Energy highlighted that this is the first successful CO2 mineralization pilot test in the broader Eastern European region. If mineralization is confirmed, the project could provide a credible pathway to commercialization through third-party verification, offering a solution for carbon emissions reduction within Georgia and potentially the wider region.

Currently, Block Energy’s commercial efforts are focused on direct air capture technologies and engaging with industrial emitters seeking carbon reduction solutions, especially in light of the European Union's upcoming Carbon Border Adjustment Mechanism. Georgia has a zero-tariff free-trade agreement with the EU, presenting additional commercial opportunities for the company.

Block Energy is also working on various commercialization options, including discussions with Indorama Corporation and exploring field-scale development scenarios. Paul Haywood, CEO of Block Energy, expressed pride in achieving the region’s first successful CO2 mineralization injection pilot, stating: “This represents an important milestone for Block, Georgia, and our partner, Indorama, as we seek to demonstrate the viability of large-scale, low-cost CCS.”

Prakash Kejriwal, Director at Indorama Group, praised the project, stating: “This pilot provides valuable insights into how carbon capture and mineralization can be applied on an industrial scale, helping reduce emissions and align with future EU carbon regulations.” He emphasized that as one of Georgia's largest industrial producers, Indorama is committed to advancing sustainable practices and enhancing its competitiveness in global markets.

Block Energy, based in Georgia, is an independent oil and gas company focused on unlocking the country’s energy potential. It holds interests in several production-sharing contracts in Georgia, including the XIB license, which contains over 2.77 trillion cubic feet of 2C contingent gas resources.