About the target
The EU aims to achieve a CO2 injection capacity of at least 50 million tonnes per year by 2030, as outlined in the Net-Zero Industry Act (NZIA). This regulation seeks to create an EU market for CO2 storage services, and establishes several obligations for hydrocarbon producers, EU Member States, and the European Commission.
The obligations set out in the NZIA Regulation are crucial for reaching the EU’s 2030 carbon storage target and providing sufficient decarbonisation options for EU industries. Additionally, the regulation ensures that storage projects contributing to the above target are recognised and supported as net-zero strategic projects in Member States.
Commission report under Article 42 of the NZIA Regulation
This report describes progress towards the EU’s 2030 injection capacity target under the Net Zero Industry Act (NZIA). This snapshot of the EU’s CO2 storage market is based on information provided by Member States at the end of 2024 and obligated entities in June 2025.
Key takeaways:
- Rapid growth in CO2 injection capacity, especially around the North Sea.
- 3 storage sites are already permitted, with 7 more in the permitting process. Dozens of storage projects are under development across the EU.
- Obligated entities must increase their efforts and develop additional sites to reach the target.
- Faster permitting and improved reporting are needed to accelerate site deployment, increase visibility, and support investments.
The graph below shows that, although a strong pipeline of storage projects is under development across Europe, new projects must be deployed to reach the EU’s 2030 injection capacity target.
Member States reports under Article 21 of the NZIA Regulation
Since December 2024, Member States are required to submit an annual report to the Commission. This report must detail ongoing CO2 capture, storage and transport projects within their territories, alongside the corresponding needs for injection and storage capacities. In addition, they must communicate any national support measures, strategies, and targets that have been or will be adopted regarding the capturing of CO2. The Commission will make these reports publicly available.
Please find below a list of links to the reports submitted by each Member State per year.
Oil and gas producers’ contributions to the EU’s 2030 carbon storage target
The NZIA Regulation requires several oil and gas producers to help achieve the EU 2030 CO2 injection capacity target. This objective is crucial for decarbonising EU industries and tackling climate change.
Based on the rules established in a Delegated Regulation, the Commission has decided which entities must contribute how much CO2 injection capacity to the above target. The Delegated Regulation also specifies how the contributions of those entities is calculated and how they will report on their progress.
The draft Delegated Regulation was open for public consultation from 19 March to 16 April 2025.
- Commission Delegated Regulation
- Commission Decision with the list of companies and their respective shares of the EU target of 50 million tonnes of operational CO2 injection capacity as well as the list of exempted companies
Reports by obligated oil and gas producers
Obligated producers must provide the European Industrial Carbon Management (ICM) market with annual CO2 injection and storage capacity at a geological storage site by 2030. These sites must be permitted in accordance with Directive 2009/31/EC. Companies producing oil and gas below the determined threshold are exempted from the above obligation.
By 30 June 2025, obligated producers must submit a detailed plan to the Commission explaining how they plan to contribute to the EU’s 2030 carbon storage target. This plan should confirm the volume of new CO2 storage and injection capacity they aim to have ready by 2030, and specify the methods and intermediate targets they will use to achieve this. Obligated entities labelled these plans confidential.
2025 - Art. 23(4) plans submitted by obligated entities (confidential)
- Nederlandse Aardolie Maatschappij B.V.
- OMV PETROM SA
- S.N.G.N ROMGAZ S.A.
- ORLEN S.A. (poprzednio Polskie Górnictwo Naftowe i Gazownictwo S.A.)
- Eni S.A.
- Wintershall Dea Deutschland GmbH
- TotalEnergies EP Nederland B.V.
- MOL Magyar Olaj- és Gázipari Nyrt.
- SHELL ITALIA E&P
- BlueNord Energy Denmark A/S
- Oldenburgische Erdölgesellschaft mbH
- Tenaz Energy Netherlands B.V. [formerly “NAM Offshore B.V”]
- INA-INDUSTRIJA NAFTE, d.d
- TotalEnergies EP Danmark A/S concessionaire
- OMV Austria
- Eni Energy Netherlands B.V.
- TOTALENERGIES EP ITALIA
- Neptune Energy Deutschland GmbH
- Nordsøfonden
- BEB Erdgas und Erdöl GmbH & Co. KG
- Petrogas E&P Netherlands B.V.
- Nephin Energy Limited
- ENI MEDITERRANEA IDROCARBURI
- Vermilion Energy Corrib Ireland Limited
- Rockrose (NL) CS1 B.V.
- Vermilion Energy Netherlands B.V.
- TotalEnergies Denmark ASW, Filial af TotalEnergies Denmark ASW, INC., USA
- MITSUI E&P ITALIA B
- ENERGEAN ITALY
- Mobil Erdgas und Erdöl GmbH
- VERMILION REP
- Lakocsa Koncessziós Kft.
- Kistos NL2 B.V.
- Exxonmobil Producing Netherlands B.V.
- ONE-Dyas B.V.
- Vermilion Energy Germany GmbH & Co. KG
- Wintershall Noordzee B.V.
- TAQA Offshore B.V.
- INEOS Energy (Syd Arne) ApS
- Black Sea Oil & Gas S.A.
- INEOS E&P A/S
- Vermilion Energy Ireland Limited
- Dana Petroleum Netherlands B.V.
- ORLEN Petrobaltic S.A. [formerly “B8 Sp. z o.o. BALTIC Sp. k. a.”]
Obligated producers must report annually to the Commission from 30 June 2026, detailing their progress towards the above carbon storage target. The Commission makes these reports publicly available.
2026 - Art. 23(6) progress reports by obligated entities
- Nederlandse Aardolie Maatschappij B.V.
- OMV PETROM SA
- S.N.G.N ROMGAZ S.A.
- ORLEN S.A. (poprzednio Polskie Górnictwo Naftowe i Gazownictwo S.A.)
- Eni S.A.
- Wintershall Dea Deutschland GmbH
- TotalEnergies EP Nederland B.V.
- MOL Magyar Olaj- és Gázipari Nyrt.
- SHELL ITALIA E&P
- BlueNord Energy Denmark A/S
- Oldenburgische Erdölgesellschaft mbH
- Tenaz Energy Netherlands B.V. [formerly “NAM Offshore B.V”].
- INA-INDUSTRIJA NAFTE, d.d
- TotalEnergies EP Danmark A/S concessionaire
- OMV Austria
- Eni Energy Netherlands B.V.
- TOTALENERGIES EP ITALIA
- Neptune Energy Deutschland GmbH
- Nordsøfonden
- BEB Erdgas und Erdöl GmbH & Co. KG
- Petrogas E&P Netherlands B.V.
- Nephin Energy Limited
- ENI MEDITERRANEA IDROCARBURI
- Vermilion Energy Corrib Ireland Limited
- Rockrose (NL) CS1 B.V.
- Vermilion Energy Netherlands B.V.
- TotalEnergies Denmark ASW, Filial af TotalEnergies Denmark ASW, INC., USA
- MITSUI E&P ITALIA B
- ENERGEAN ITALY
- Mobil Erdgas und Erdöl GmbH
- VERMILION REP
- Lakocsa Koncessziós Kft.
- Kistos NL2 B.V.
- Exxonmobil Producing Netherlands B.V.
- ONE-Dyas B.V.
- Vermilion Energy Germany GmbH & Co. KG
- Wintershall Noordzee B.V.
- TAQA Offshore B.V.
- INEOS Energy (Syd Arne) ApS
- Black Sea Oil & Gas S.A.
- INEOS E&P A/S
- Vermilion Energy Ireland Limited
- Dana Petroleum Netherlands B.V.
- ORLEN Petrobaltic S.A. - [formerly “B8 Sp. z o.o. BALTIC Sp. k. a.”]
Transparency of CO₂ storage capacity data
Many industrial plants in Europe rely on Carbon Capture and Storage (CCS) for their decarbonisation, but the number of CO2 storage sites remains underdeveloped. Starting in 2040, the European Commission estimates that the EU will need to capture and permanently store approximately 250 million tonnes of CO2 each year to achieve climate neutrality by 2050.
To expand the EU’s CO2 storage capacity to this level, the NZIA Regulation requires Member States to publish information about potential areas for developing storage sites within their territories. Additionally, they must ensure that any geological data gathered during hydrocarbon exploration and production is made public as soon as the relevant production site is notified for decommissioning.
Why are Member States reporting on an annual basis?
The purpose of these reports is to accurately track the progress of different Industrial Carbon Management (ICM) projects in each Member State. This helps ensure adequate coordination across the whole value chain and allows to monitor the progress made every year towards the EU’s 2030 carbon storage target.
What is the content of these reports?
The reports must map ongoing CO2 capture, transport, and storage projects within the Member State. They should also detail the permitting status of storage sites, as well as provide the expected dates for the Final Investment Decision and entry into operation. Additionally, the reports must describe national support measures for CCS projects and measures related to the cross-border transport of CO2.
Why is the target set at 50 million tonnes per year?
In 2024, the European Commission recommended a reduction of 90% in the EU’s net greenhouse gas emissions by 2040, compared to 1990 levels. This recommendation is based on an impact assessment that models future CO2 storage needs, estimating that around 250 million tonnes of CO2 captured annually in the EU will require permanent storage by 2040. Developing at least 50 million tonnes of CO2 injection capacity by 2030 in the EU is seen as a first step to ensure sufficient access to injection capacity for hard-to-abate industries and permanent carbon removals.
Why are oil and gas producing companies required to contribute?
According to the NZIA Regulation, certain hydrocarbon producers must contribute to the EU’s 2030 carbon storage target based on their past production of oil and natural gas in the EU. These companies possess the necessary expertise and resources to develop these sites. For instance, they can convert depleted oil and gas fields in the EU into CO2 storage sites.
This page was last updated on 2 September 2026