VNG, Total Eren plan green ammonia imports into Europe
SUMMARY
The parties have signed a cooperation agreement to import green hydrogen in the form of ammonia from Total Eren’s green hydrogen projects worldwide.
By Shardul SharmaPOSTED IN:
German gas company VNG and Paris-based renewable energy firm Total Eren are planning to import green ammonia into Europe, the companies said on November 22.
The parties have signed a cooperation agreement to import green hydrogen in the form of ammonia from Total Eren’s green hydrogen projects worldwide and its sale to the German and European markets from 2028 onwards.
VNG and its subsidiaries are currently planning the construction of a hydrogen and carbon hub in the Rostock area. In addition, VNG H&V, a trading unit VNG, is in talks with customers to evaluate the future requirements for green ammonia and green hydrogen, and to conclude initial purchase agreements.
Total Eren is currently working on several large-scale green hydrogen projects globally, including in South America, Africa, and Australia. At the end of 2021, it secured land positions and launched feasibility studies to build a green hydrogen project in Chile’s Magallanes region.
The H2 Magallanes project will consist of up to 10 GW of wind turbines in Chile and thus generate 800,000 metric tons/year of hydrogen, which will be partially transported by ship from Patagonia to Germany as green ammonia.
Total Eren and VNG H&V are also involved in the H2Global Foundation alongside other companies to develop a functioning hydrogen market in Germany.
