Dubai Government Media Office – As part of that of Dubai strategy to become a sustainable global hub for clean energy and green economy, that of Dubai ENOC Groupleading international integrated oil and gas player operating across the power sector value chain, and Japanese heavy industry manufacturer IHI Company today signed a Memorandum of Understanding (MoU) to explore the establishment of a low-carbon hydrogen and ammonia supply chain in the United Arab Emirates. The movement is aligned with the the bucket global efforts to diversify its energy sources in order to transition to a clean energy model to be emulated around the world. The fuel produced will be exported to Japan and provided in the United Arab Emirates and throughout the region for bunkering and other purposes.
Under the agreement, both parties will execute corresponding studies in consecutive phases for the production of green ammonia in the United Arab Emirates, including pre-feasibility and feasibility studies for the first large-scale production plant, pre-FEED (Front End Engineering Design) and FEED studies for the demonstration plant, and pre-FEED and FEED studies for the full scale production plant. The agreement was signed by His Excellency Saif Humaid Al Falasi, Group CEO, ENOCand Jun KobayashiExecutive Officer, General Manager of Solution & Business Development Headquarters of IHI Company.
His Excellency Saif Humaid Al Falasi said: “To ENOC, we continue to explore partnerships that safeguard the future for generations to come. Our collaboration with IHI Company demonstrates our commitment to support the the bucket energy transition efforts while advancing that of Dubai Clean Energy Strategy 2050. We are delighted to work with IHI Company explore the potential for green ammonia production in the United Arab Emirates.’
This partnership is part of that of Dubai Clean Energy Strategy 2050 and United Arab Emirates Energy Strategy 2050 to meet the economic needs and environmental objectives of the country. Additionally, it supports the United Arab Emirates Net Zero by 2050 Strategic Initiative, a national initiative to achieve net zero emissions by 2050.
Jun Kobayashi of IHI Company said: ‘IHI is delighted to announce our collaboration with ENOC on the establishment of the green ammonia value chain in United Arab Emirates. IHI believes Green Ammonia is one of the most practical and economical carbon-free fuel solutions with high volumetric hydrogen density and easy handling. The United Arab Emirates is well positioned to produce and export green ammonia thanks to its abundant renewable energy and strong maritime trade infrastructure, which cements its place as a critical hub for global shipping. This collaboration will contribute to realizing from Japan and the bucket carbon reduction targets.
Green ammonia, which can be obtained by combining and reacting green hydrogen and nitrogen at high temperatures and pressures, has the potential to reduce global carbon emissions and be used in transport sectors, power generation and industry.
(C) 2022 electronic news edition, source ENP Newswire