Abu Dhabi National Oil Company (ADNOC) will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives in Germany’s North Rhine-Westphalia.
The announcement was made following the signing of a Memorandum of Understanding (MoU) between the Government of North Rhine-Westphalia, ADNOC and Currenta GmbH & Co. OHG (Currenta), a chemical industry services provider that manages and operates one of the largest chemical sites in Europe, Chempark, with locations in Leverkusen, Dormargen and Krefeld-Uerdingen, in North Rhine-Westphalia.
The agreement was signed by Her Excellency Mona Neubaur, Deputy Prime Minister of North Rhine-Westphalia and State Minister for Economics, Industry, Climate Protection and Energy, Mr. Musabbeh Al Kaabi, Executive Director, Low Carbon Solutions and International Growth Directorate at ADNOC and Mr. Frank Hyldmar, CEO of Currenta.
“Our fast-growing ammonia business is enabled by the UAE’s abundant and competitive energy resources. As a responsible global energy provider, ADNOC is committed to meeting the growing global demand for lower-carbon intensity energy. In doing so, we are very pleased to partner with the Government of North Rhine-Westphalia and Currenta to jointly decarbonize Germany’s vital industrial heartland.”
Her Excellency Mona Neubaur said that “We will do our utmost to expand the capacities for the generation of renewable energies and the production of other climate-neutral energy carriers such as green hydrogen in this country as much as possible. However, it is also clear that we will have to import various green energy sources in large quantities in order to cover our needs and achieve our climate protection goals. We are now building partnerships and a broad import infrastructure to supply our industry. The basis for our cooperation is diversification with many countries.”
The primary focus of the agreement will be the production and transportation of low-carbon ammonia and its application as a fuel in energy generation, including industrial-scale testing at Currenta’s site in Dormagen, Germany.
Mr. Hyldmer, CEO of Currenta said that “Ammonia has the potential to play an important role in decarbonization, for example as a hydrogen carrier or as a fuel in heat generation. As a chemical park operator with large steam and heat generation plants, Currenta is observing very closely to see whether it succeeds in realizing this potential. An important factor here is the development of global supply chains for ammonia. We, therefore, welcome and support the commitment of the state of NRW to work with ADNOC to advance such value chains.”