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.
Recent Posts
Ammonia
Azane Unveils New Subsidiary to Drive Ammonia Bunkering Development Oslo, Norway
Fuels Heavy oils
Public sector carbon emissions fall to 3.7 mn tonnes in Singapore
Fuels Heavy oils
UltraTech Cement targets to achieve 85% green energy
Fuels LNG
JCB unveils hydrogen combustion technology