ADNOC and Fertiglobe sells UAE’s first blue ammonia to Japan
The Abu Dhabi National Oil Company (ADNOC) said that in partnership with Fertiglobe, it has sold its first cargo of blue ammonia to Itochu in Japan.
"Through the expansion of our capabilities across the blue ammonia value chain, we look forward to furthering our legacy as one of the world’s least carbon intensive hydrocarbon producers and supporting industrial decarbonization with a competitive low-carbon product portfolio,” said Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO in a statement.
Fertiglobe, is a partnership between OCI (58 percent) and ADNOC (42 percent), will produce blue ammonia at its Fertil plant in the Ruwais Industrial Complex in Abu Dhabi for delivery to ADNOC’s customers in Japan.
“The shipments, which were sold at an attractive premium to grey ammonia, underscore the favorable economics for blue ammonia as an emerging source of low-carbon energy,” said in a statement.
“Starting with this trial of blue ammonia for fertilizer applications, we aim to create a wide range of ammonia value chains for existing industrial applications as well as future energy use. By collaborating with ADNOC and Fertiglobe, we expect to initiate and enhance our industrial portfolio in the fertilizer sector while achieving our commitments towards decarbonization activities in other industries,” said Masaya Tanaka, Executive Officer of ITOCHU Corporation, President of the Energy & Chemicals Company and COO of the Power & Environmental Solution Division in the statement.
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