Site items in: Egypt

Fertiglobe success in H2Global pilot auction marks milestone in renewable ammonia supply for EU
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Fertiglobe has won the first H2Global pilot auction for renewable ammonia, promising to deliver 397,000 tons of renewable ammonia between 2027 and 2033. H2Global’s announcement comes at the end of a two year auction process. Following the H2Global announcement, Fertiglobe committed to a twenty-year offtake deal for renewable hydrogen feedstock from the Egypt Green Hydrogen project, demonstrating the investor certainty fostered by the auction.

$37 billion in Egyptian ammonia investments
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More than $37 billion will be invested across the initial stages of hydrogen and ammonia production projects, ranging in location from the Gulf of Suez to west of the Nile Delta. A series of agreements concerning existing and newly-announced projects were signed at the recent Egypt-EU Investment Conference.

Keep pushing: a message from the AEA President
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2024 has already been a busy year, with ammonia discussions at an exciting phase. Despite the hesitancy and doubts about ammonia I have heard at recent events, I continue to deliver the same constructive messages, and urge the AEA membership and networks to use the information available to continue to promote ammonia. Our upcoming annual event in New Orleans will explore progress in establishing ammonia markets, and I can’t wait to see you all again in-person.

Egypt launches new hydrogen incentives
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The Egyptian Parliament has ratified an incentive package for renewable hydrogen producers, aiming to pave the way for a rapid expansion of the sector. The incentives range from tax concessions to administrative streamlining and will seek to create an attractive investment climate. Egypt is well-located to play a leading role in meeting European demand for hydrogen exports. It is not alone in this ambition, however. Similar schemes have been launched by countries such as Oman.

Headway in ACWA Power’s renewable ammonia projects
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ACWA Power will develop a 150,000 tonnes-per-year renewable ammonia project in Indonesia, powered by 600 MW of wind and solar energy. The Saudi-based company also commenced construction on the first phase of its 500,000 tonnes-per-year renewable ammonia project in Uzbekistan, and has progressed development of a renewable mega-project near the Suez Canal.

Certified renewable, bio ammonia incorporated into new supply chains
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ISCC PLUS-certified renewable ammonia from Fertiglobe will be used in a low-carbon laundry powder demonstration project by Unilever in India. In Germany, bio-ammonia produced by OCI Global (also ISCC PLUS-certified) will be used to produce methylmethacrylate, a key feedstock in PLEXIGLAS® production. The two announcements join a number of supply chains which have now incorporated low-carbon and renewable ammonia.

Siemens Energy joins Project Ra
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DAI Infrastruktur and Siemens Energy will collaborate on the renewable ammonia project in Egypt, with Siemens to supply electrolysers and equipment for hydrogen production. In June, DAI Infrastruktur announced that Naftomar Shipping & Trading has committed to offtake 400,000 tonnes per year of ammonia for a decade from Project Ra, meaning 85% of production capacity is now covered by offtake agreements.

Ammonia bunkering in Egypt & beyond
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ITOCHU & Orascom Construction have partnered to develop an ammonia bunkering hub at the Suez Canal in Egypt. In other news, Fertiglobe and AD Ports Group will leverage the latter’s logistics expertise and infrastructure in the UAE to strengthen Fertiglobe’s ability to store and transport ammonia & urea.

China Energy: foreign investments in ammonia
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State-owned enterprise China Energy has announced new ammonia initiatives in three countries, with a reported budget of $20 billion to invest outside China over the next few years. A partnership with Petrobras in Brazil, construction of a new renewable ammonia mega-project in Morocco, and a construction start date for a renewable ammonia plant next to the Suez Canal in Egypt have all been announced in the last few weeks.