Gunvor, Air Products Eye Green Hydrogen Terminal in Rotterdam

U.S. Chemical company Air Products and multinational commodities trader Gunvor announced that they have signed a joint development agreement to build a green hydrogen import terminal in Rotterdam port by 2026.

Green hydrogen, which is considered as a crucial fuel for energy transition efforts, is produced using renewable power.

The agreement is the second statement of intention this year from the two companies, but is not a final investment decision. The statement to build a terminal this time mentioned it could at Gunvor’s site in the Europoort industrial area of the Rotterdam port.

The two companies revealed more details about the project, saying the plan is to ship ammonia produced by renewable sources from outside the Netherlands, and then to convert it to hydrogen at the site before distributing the hydrogen into the Netherlands, Germany and Belgium.

They did not disclose costs, but said they would seek funding as an “Important Project of Common European Interest”, a designation that exempts projects from European Union state aid rules.

This is the second project announced this year of such kind at the Rotterdam port. In April, Dutch gas network operator Gasunie, storage company Vopak and HES International said they would develop a similar ammonia terminal at Rotterdam port, also by 2026.

Gasunie has also announced it would spend €4 billion over seven years to develop the Dutch hydrogen infrastructure, including the ACE terminal.

Also in April, the port of Rotterdam and Chariot Ltd said they would cooperate to set up supply chains to import green hydrogen and ammonia to Rotterdam from Mauritania.

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