Abu Dhabi National Oil Company (ADNOC) and ADQ announced that Japan’s Mitsui & Co., Ltd (Mitsui) and the Republic of Korea’s (Korea) GS Energy Corporation (GS Energy) have signed an agreement to partner with TA’ZIZ and Fertiglobe to develop the world-scale low-carbon blue ammonia facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais.
The statement elaborated that these partnerships follow the recent project framework agreement signed between ADNOC and Fertiglobe to improve the production of low-carbon blue ammonia at TA’ZIZ which is pending for relevant regulatory and company approvals.
These partnerships would boost Abu Dhabi’s position as a low-carbon fuel leader.
In this regard, Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, said “As the world embraces the energy transition, we will work closely with our new partners to jointly develop new hydrogen markets and applications for low-carbon ammonia to meet the needs of global export markets for the energy and industry markets in Japan and Korea.”
In addition to becoming partners, Mitsui and GS Energy will meet the growing demand in the energy and industrial sectors in Japan and Korea by purchasing large volumes of low-carbon blue ammonia.
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