Reliance secures $3 billion ammonia offtake agreement with Samsung C&T
Over 15 years, commencing FY2029, Samsung C&T will offtake ammonia produced at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat, northwest India.
Over 15 years, commencing FY2029, Samsung C&T will offtake ammonia produced at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat, northwest India.
Envision has delivered its first shipment of renewable, RFNBO-compliant ammonia from its production site in Chifeng, Inner Mongolia to LOTTE Fine Chemical’s chemical import terminal in Ulsan, South Korea.
India has joined Japan, Korea and the EU in setting an emissions threshold for renewable ammonia certification. The Ministry of New and Renewable Energy will issue methodologies for measurement, reporting, monitoring, on-site verification, and certification.
Engine testing approval clears another hurdle for the vessels to hit the water and enter commercial service, with EXMAR planning sea trials “in the coming months”.
A new multi-year partnership between the two parties will see Samsung Heavy Industries manufacture Amogy’s ammonia-to-power systems in South Korea for distributed clean energy generation based on ammonia-cracking technology.
The pair have signed an agreement for the investment of $1.6 million for new ammonia storage facilities and import infrastructure on Korea’s southeast coast. Two large-scale tanks, new vessel berths and an offshore transfer pipeline will be capable of handling 1.25 million tons of ammonia throughput every year.
Lotte Fine Chemical will supply, transport and store clean ammonia fuel for GS E&C and Amogy’s distributed power generation demonstration project in Pohang. Hear directly from the project leaders at our upcoming annual conference in Houston.
Hanwha Power Systems has received Approval in Principle from the American Bureau of Shipping for its ammonia gas turbine conversion design. Hanwha and partners are aiming for conversion of LNG carriers by 2028.
Hull No.8389 is the first of four 46,000 m3 mid-sized gas carrier vessels being constructed in South Korea for EXMAR, with formal delivery on track for 2026.