Summit purchasing old easement agreements for pipeline project

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Summit Carbon Solutions has purchased old land easement agreements from a former rival company to help speed up its carbon pipeline construction project.

Summit’s former rival, Navigator CO2, attempted its own carbon dioxide pipeline project before dropping the plan last fall. Summit has now purchased many of Navigator’s old agreements to expand its coverage area and save itself time by not needing to negotiate new agreements.

So far, Iowa is the only state to have given the green light for Summit to construct a pipeline. The other states are Nebraska, Minnesota, South Dakota and North Dakota.

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