Gunvor, a Swiss-based commodity trading giant, has signed a joint development agreement with US hydrogen producer Air Products to set up a green hydrogen import terminal in Rotterdam port by 2026.
The signing of the agreement is an important step towards an investment decision that will be taken as they gain confidence in the regulatory framework, permitting process, and funding support that the project.
The Gunvor site in Europoort has been earmarked to receive green ammonia, produced from renewable energy sources, for large-scale green hydrogen production, which will be distributed to markets within Europe, including the Netherlands, Germany, and Belgium.
Tags: AIR Products, Green Hydrogen, Gunvor, Rotterdam Port
Recent Posts
Gremex Shipping fined in pollution case
CHIMBUSCO secures first LNG refueling service in Europe
Nations not doing enough to cut global emissions by 2.6%: UNFCCC
JSW-POSCO to set up greenfield steel plant in Odisha’s Keonjhar
ADB lauds India’s fossil fuel subsidy reforms
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design