Monday, 11 March 2024 05:16

Vopak Singapore deal

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March 11 (LNGJ) - Air Liquide of France and Vopak of the Netherlands, both prominent participants in the LNG business, have signed a accord to collaborate on the development and operation of infrastructure for ammonia imports and hydrogen distribution in Singapore. “Ammonia is considered as one of the low-carbon fuels for power generation and the maritime industry. As a hydrogen carrier, it is one of the most efficient ways to store and transport hydrogen,” a joint statement said.

   “As such, the parties will study and explore the joint development of low-carbon ammonia supply chains in Singapore, including the potential development of ammonia cracking facilities, associated ammonia storage and handling infrastructure at Vopak’s Banyan terminal,” they added.

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