Most merchant CO2 is still a by-product gas, leaving supply exposed to decisions taken well outside the CO2 market. 

More than a year after the Strait of Hormuz closed, high gas costs and ammonia margins still decide whether many of those plants run, and so whether CO2 is produced. New sources, including biomethane plants, are adding supply, but it is not yet clear whether they are enough to change the pattern. 

In this exclusive gasworld webinar, our panel of industry experts will examine how the merchant CO2 market has changed over the last 12 months, whether it has restructured around new sources or faces another summer squeeze.