Firms team up to import hydrogen, ammonia via Rotterdam
Dutch engineering firm Proton Ventures, Dubai-based commodities trader Trammo DMCC and European downstream energy group VARO have signed a memorandum of understanding to work together to produce green hydrogen and ammonia and supply it to Europe via Rotterdam, the companies said on March 23.
The project, also supported by the Rotterdam port authority, has a target launch of 2024. It will initially import up to 500,000 metric tons/year of green hydrogen, and later up to 2.5mn mt/yr of ammonia. The companies have formed a consortium called Transhydrogen Alliance to implement the plan.
Hydrogen and ammonia have been touted as solutions for decarbonising energy-intensive industry, power generation and transport. Earlier this week, the Rotterdam port authority signed a memorandum of understanding with Chile's energy ministry on the import of hydrogen from the South American country.