Azane Fuel Solutions’ first project “Ammonia Fuel Bunkering Network”, which will build a green ammonia bunkering terminal, received confirmation that it will be granted EUR 8,600,000.
The project partners, spanning the entire value chain for ammonia as a marine fuel, will develop and showcase an ammonia fuel bunkering network for ships, enabling cost efficient and safe distribution, storage, transfer and utilization of ammonia as a carbon free fuel.
With this public funding the project is on track to be the first in the world to pilot ammonia bunkering operations.
As such, the Norwegian government established the “Green platform Initiative” program to help lift exactly this type of innovative project. Ammonia is important for the green transition, especially for the shipping industry.
Furthermore, the Minister of Trade and Industry Iselin Nybø (V) commented that this project can give Norway the world’s first bunkering terminal for green ammonia fuel for ships.
Azane Fuel Solutions will develop, build and operate the first bunkering terminal in a Norwegian port, under real conditions. This first green ammonia terminal will be an important enabler for international adoption of ammonia fuel, says Miriam T. Wennberg, CFO at ECONNECT Energy.
Continuing, Magnus Krogh Ankarstrand, President Yara Clean Ammonia, noted that this grant is an important milestone for the project, while developing bunkering solutions is a key piece of the puzzle to make ammonia available as a zero-emission fuel.
