Horisont Energi has signed two offtake agreements for ammonia from its under-development Norwegian plant. German gas importer & wholesaler VNG will purchase between 100,000 - 300,000 tonnes per year to distribute to its German industrial customers. Local gas supplier Barents NaturGass intends to purchase 100,000 tonnes per year for distribution to customers around Hammerfest, including its potential use as transportation fuel.
Content Related to VNG AG
Multiple offtake agreements for ammonia from Barents Blue plant
Cracking feasibility study launched in Rostock
EnBW, VNG and Jera will jointly conduct a feasibility study to evaluate the construction of an ammonia cracker demonstration plant at the Port of Rostock. The port joins a list of European ports where large-scale ammonia cracking is being considered, or a demonstration plant has already been announced: Antwerp, Rotterdam, Wilhelmshaven, Liverpool and Immingham amongst others.
Unlocking ammonia offtake through a fully functional import supply chain
New industry partnerships between suppliers, offtakers and existing infrastructure owners will boost confidence for project developers in the fast-growing renewable ammonia industry. Recent announcements from Namibia, Germany and Norway demonstrate that a comprehensive ammonia supply chain is being established between Europe and key global locations, making FID & project investment decisions more straightforward.
H2Global launches first green ammonia tender
H2Global has launched its first tender process for the import of “green” ammonia into Europe, with a €360 million, ten year contract on offer beginning in 2024. In Germany, public gas company VNG and Total Eren will work towards ammonia imports into Rostock from 2028. VNG is already developing a significant clean production & import hub at Rostock, after an agreement with Equinor earlier this year.