Spanish oil and gas company, Cepsa and ACE Terminal have signed a memorandum of understanding (MoU) by which Cespa will supply green ammonia to the planned import terminal in the Port of Rotterdam.
The MoU between Cepsa and ACE Terminal is for an agreement to facilitate the oversea transport of green ammonia; to redistribute the green ammonia to end markets in the hinterland, and to process the green ammonia into green hydrogen ready for use by end customers in northwest Europe.
Cepsa ia developing 2GW of green hydrogen at its two energy parks in Andalusia, southern Spain, as part of its 2030 positive motion strategy to become a leader in the energy transition.
On the import side, Gasunie, HES International and Vopak have partnered to develop ACE Terminal as an entry point to the Netherlands for ammonia as a carrier for green hydrogen as well as a sustainable feedstock. The open-access terminal will be located in the port of Rotterdam.
Maarten Wetselaar, CEO of Cepsa, says: ‘This alliance makes the green hydrogen corridor a tangible reality and increases the international potential of the Andalusian green hydrogen valley, allowing green hydrogen produced by Cepsa in southern Spain to be used for industry and shipping in northern Europe. Partnerships like these are examples of the collaboration needed across Europe to ensure energy security without jeopardising climate targets and the important role that Cepsa and Spain can and must play in this journey.’
‘We are delighted that Cepsa has stepped forward and has chosen ACE Terminal. We hope that in addition to Cepsa, more parties will join our open access ammonia/hydrogen import terminal in the port of Rotterdam,’ adds Egbert Vrijen, project director of ACE Terminal.
Cepsa aims to start the first green hydrogen exports from Spain in 2027, a timing that is aligned with the ACE Terminal project timeline.
