Horisont Energi, Koole Terminals sign MOU on Rotterdam ammonia terminal and storage
8th October 2021 09:46 GMT

Norwegian low-carbon energy company Horisont Energi and liquid bulk storage company Koole Terminals have signed a memorandum of understanding to develop an ammonia terminal and storage facility at the Dutch Port of Rotterdam, Horisont said in a statement Oct. 8.

The agreement will explore storage options for ammonia produced in Norway and shipped to Rotterdam, the company said.

The companies will also study technologies for further distribution to meet forecast rising demand in Northwest Europe, Horisont said.

“As Horisont Energi and our partners work towards developing Europe's first world-scale clean ammonia project, it is essential to establish relationships with key storage, handling and transport partners in the region, to ensure our clean ammonia can reach all potential clients," CEO Bjorgulf Haukelidsaeter Eidesen said in the statement.

Horisont is working with Equinor and Var Energi to jointly develop the 3,000 mt/day Barents Blue ammonia project, produced from natural gas, coupled with carbon capture and storage, as an add-on to Norway’s far-northern Goliat oil field.

The partners are eyeing demand for ammonia in chemical and fertilizer manufacture, as well as a nascent marine fuel.

Horisont said over 99% of CO2 emissions would be captured and permanently stored in the offshore Polaris reservoir, which has a capacity of over 100 million mt.

Koole Terminals operates a storage capacity of over 4.1 million cu m, with multiple transport and pipeline connections.

Ammonia is seen as one potential end use and energy carrier for low-carbon and renewable hydrogen, with potential use in the marine fuel, fertilizer, chemical and power sectors.

S&P Global Platts assessed the cost of producing renewable hydrogen via alkaline electrolysis in Europe at Eur14.62/kg ($16.90/kg) Oct. 7 (Netherlands, including capex). PEM electrolysis production was assessed at Eur17.34/kg, while blue hydrogen production by steam methane reforming (including carbon, CCS and capex) was Eur6.91/kg.

Bunkerworld .,
8th October 2021 09:46 GMT