ExxonMobil aims to develop Norway's Slagen terminal as ammonia bunker hub

Oil major ExxonMobil and three Norwegian firms are seeking to produce 20,000 mt of green hydrogen and 100,000 mt of ammonia/year at ExxonMobil's Slagen terminal.

PHOTO: ExxonMobil's Slagen terminal in Norway. Grieg Edge

The consortium has signed a memorandum of understanding (MOU) to study the potential for the production and distribution of green hydrogen and ammonia as low-emission marine fuels at ExxonMobil's Slagen terminal.

ExxonMobil seeks to utilise the expertise of Maritime investor Grieg Edge, hydrogen firm Green H and renewable energy firm North Ammonia who are key partners in the project.

Hydrogen shows promise in significantly reducing carbon dioxide emissions, and the study will explore the potential for the terminal to reduce emissions in Norway’s maritime sector, said ExxonMobil president for low carbon solutions Dan Ammann.

The oil major is exploring opportunities to transport and use ammonia as a fuel in carriers.

Last year, the Norwegian government published a roadmap to establish a market for production and use of hydrogen by 2050.