North Ammonia AS and Fjord Base Holding AS joined forces to develop green ammonia production at Fjord Base in Florø, Norway.
North Ammonia and Fjord Base Holding had entered into a Letter of Intent in 2022 to evaluate the opportunity of establishing a green ammonia production facility at Fjord Base. Earlier this year, the project was assessed as mature by Linja and Statnett and is now in que for a reservation of grid capacity.
Mikkel Tørud, CEO, North Ammonia commented that the market for green ammonia is continuously developing and with stricter regulations related to emissions, particularly in the maritime sector, it is expected that the demand for zero-emission fuels will increase significantly from 2030.
Furthermore, Ole Schanke Eikum, CEO, Fjord Base Gruppen stated that Fjord Base has significant maritime activity, and access to locally produced green fuels for shipping will strengthen its position as a maritime hub.
Production of green ammonia will create a foundation for circular economy value chains and thereby strengthen Fjord Base as a leading industrial cluster in the green transition.
…said Eikum.
