Germany To Build First Green Ammonia Import Terminal in Hamburg By Saur News Bureau/ Updated On Mon, Nov 21st, 2022 Highlights : Germany will construct the facility together with two private companies to receive imports from Saudi Arabia German Government says that the initiative is a part of Germany’s clean energy transition. Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site. The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate Action Robert Habeck called the decision “a milestone in the scaling of the hydrogen economy in Germany and a powerful signal to the entire hydrogen market in Germany and Europe.” The government agency has also informed that the private companies – Air Products and Mabanaft – are participating in the project. The green ammonia received from Saudi Arabia will be converted into hydrogen and delivered to end customers. The Oiltanking Deutschland company will run the terminal. “As part of its National Hydrogen Strategy, Germany has committed to investing at least nine billion euros to scale up the hydrogen economy,” says Robert Hermann, CEO of the national agency Germany Trade & Invest. “Hydrogen is a key part of Germany’s accelerated transition to clean energy, and opportunities abound for international companies to profit from it.” Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany. EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Also Read Robert Habeck, Minister for Economic Affairs and Climate Action, Germany has termed the decision ‘a milestone’ in the scaling of the hydrogen economy in Germany and a powerful signal to the entire hydrogen market in Germany and Europe. ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka Also Read The Middle East region is utilising its renewable energy potential to offer low carbon energy products to Europe especially when the world is grappled by the vagaries of climate change and Russian-Ukrainian conflict. The United Arab Emirates (UAE) is sending low-carbon ammonia to Hamburg already and the Abu Dhabi National Oil Company (Adnoc) has inked some liquefied natural gas deals to send demonstration cargoes of blue ammonia to many German companies. Tags: ammonia terminal in Germany, Germany Trade & Invest, green ammonia, GTAI, hydrogen, Middle East, Minister for Economic Affairs and Climate Actio, Robert Habeck, Robert Hermann