Horisont Energi and Koole Terminals collaborate to develop a logistic value chain for clean ammonia

Koole Terminals collaborate

SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. introduced a collaboration settlement to develop a logistic worth chain for clear ammonia.

In the autumn of 2021, the 2 companies signed a memorandum of understanding to collaborate on the event of a terminal and storage facility on the Port of Rotterdam.

The terminal will obtain clear ammonia produced and shipped from the clear ammonia plant Barents Blue located in Finnmark, within the north of Norway.

This cooperation settlement is a continuation of the memorandum of understanding. It will now include a broader scope of labor to develop an worldwide logistic worth chain for clear ammonia.

This is a big step for Horisont Energi and the commercialization of the Barents Blue project so as to serve the market and potential end-users of clear ammonia in Europe and different parts of the world.

The cooperation settlement will include the subsequent scope of work:

•        Establish an import terminal within the Port of Rotterdam for storage and dealing with of clear ammonia for onward inland and continental Europe onward seabound distribution, within the idea of comingled storage, built, owned, and operated by Koole, with Horisont Energi being one of many main launching customers

•        Establish ammonia bunkering capabilities within the Port of Rotterdam, built, owned, and operated by Koole Terminals, with Horisont Energi being one of many main launching customers

•        Establish import terminals throughout various European ports for storage and dealing with of ammonia for onward inland distribution, within the idea of comingled storage, built, owned, and operated by Koole Terminals, with Horisont Energi being one of many main launching customers

•        Develop full logistics value-chain, one-stop-shop options towards ammonia offtakers, collectively with services like shipping, storage, pipeline connection, onward logistics by railcar or truck and potential cracking into hydrogen

“This cooperation settlement with Koole Terminals is an important step for the clear ammonia logistics in our projects and for Horisont Energi. To serve the market with clear ammonia, we’re keen to begin the work to develop a full logistic worth chain. This will guarantee transport, receipt, and supply of clear ammonia to different industries and to the markets within the years to come. The inexperienced shipping industry is of particular curiosity to us and with the Fuel EU Maritime Initiative moving towards approval subsequent year, this settlement is additionally important seen in a bigger context. We look ahead to persevering with the good cooperation with Koole Terminals – time is off essence,” says Bjørgulf Haukelidsæter Eidesen.

“We’re working closely along with various launching customers for our Rotterdam ammonia and carbon dioxide terminal. Horisont Energi is amongst the many first and most developed. We cherish the good partnership and dealing relation and see them as one of many frontrunners in offering clear energy and decarbonisation solutions. The subsequent years would require rapid infrastructure development and funding decisions from all gamers within the worth chain. We stand along with Horisont Energi in driving the energy transition forward,” says Tamme Mekkes, Business Development Director of Koole Terminals.

The Barents Blue project is Europe’s largest clear ammonia manufacturing facility, being the primary world scale ammonia factory in Europe. The factory will produce ammonia based on pure gas from the Barents Sea. During the manufacturing process, CO2 will be captured and transported to an offshore reservoir called Polaris, the place it will be completely saved beneath the seabed. The EFTA Surveillance Authority (ESA) and the EU Commission has approved the Barents Blue project under the IPCEI Hydrogen program, additionally known as Hy2Use.

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