Site items in: South Korea

Maritime developments: on-water cracking, AiPs and Singapore bunker study releases first results
Article

In maritime ammonia updates this week:

  • In Europe, government funding will support the development of an ammonia cracking system that can be installed on existing LNG vessels (Norway), and the establishment of a floating production and storage facility connected to an offshore wind farm (Netherlands).
  • Two AiPs have been granted: one for Korea’s first ammonia FSRU vessel, the other for a bunkering tanker in Singapore.
  • H2Carrier and Trelleborg will develop a ship-to-ship ammonia transfer system.
  • And GCMD has unveiled the results of their Singaporean ammonia bunker study. All risks identified for conducting pilot projects were found to be low or mitigable, with work towards those pilots to continue.

Lotte Chemical: high ambitions for the South Korean ammonia market
Article

OCI Global will supply clean ammonia to Korea from this year as part of a new agreement with Lotte Fine Chemical. The pair will also develop a global ammonia bunkering network by leveraging their existing infrastructure. Meanwhile, CF Industries and Lotte Chemical will explore new opportunities for clean ammonia production on the US Gulf Coast, as well as long-term off take to South Korea.

Low-carbon ammonia in Baytown, Texas
Article

Exxon Mobil is planning a CCS hydrogen & ammonia production facility at its existing complex in Baytown, Texas, with operations to begin in 2027-8. This week, Korea-based SK Inc. Materials announced they would act as off taker for the CCS ammonia, which will be imported to Korea for use in coal co-combustion.

Maritime ammonia developments in South Korea, Japan
Article

In this week’s maritime ammonia news:

  • Hyundai Heavy Industries, Lloyd’s Register and Korea National Oil Corporation have signed a new agreement to jointly develop an ammonia floating storage and regasification unit, or FSRU.
  • KSS Line and Samsung C&T will cooperate to establish a clean hydrogen/ammonia transportation service, powered by alternative fuels.
  • In Japan, K Line has announced ammonia will underpin its decarbonisation strategy to 2050, with AiP granted for a new Newcastlemax bulk carrier design.
  • And the first of two CCU ammonia shipments have reached Ulsan from Saudi Arabia, with importer Lotte Fine Chemical leading development of a clean ammonia supply chain in the Yellow Sea.

Kepco agrees to ammonia offtake from Gladstone
Article

Kepco and the Hydrogen Utility have signed an offtake agreement for renewable ammonia produced at the under-development H2-Hub in Gladstone, Queensland. The pair will develop supply chains for the ammonia product to be exported to Korea, where it will be used to decarbonise power stations. In Western Australia, two new renewable energy-powered, million-tonne-per-year projects have been launched, with Korean-based KOMIPO and Australia-based Progressive Green Solutions agreeing to develop the new export plants.

Ammonia cracking to enable hydrogen-fueled power generation in South Korea
Article

Johnson Matthey and Doosan Enerbility will develop hydrogen-fueled, closed cycle gas turbine power plants in South Korea. Johnson Matthey will provide cracking technology and catalysts to convert ammonia into pure hydrogen fuel, while Doosan is currently developing a 380 MW, 100% hydrogen fed gas turbine, which will reportedly be complete by 2027. The two will work together to integrate cracking & CCGT technologies, potentially providing a blueprint for similar power plants in the future.

Building a renewable ammonia supply chain between Australia and Korea
Article

Korea Zinc, Hanwha Impact, SK Gas and Australia-based Ark Energy will work together to build a million-tonne-per-year renewable ammonia supply chain between Korea and Australia by 2032. Ark Energy’s renewable energy portfolio in Queensland will be leveraged for ammonia production, with the three South Korean organisations acting as offtakers. The announcement comes as the Qld state government launches an ambitious new energy plan, which will support the addition of 20-plus GW of renewable energy generation to Qld’s grid.