Acwa, a leader in
energy transition, has signed a Memorandum
of understanding (MoU) with EnBW Energie Baden-Württemberg, Rostock Port, and
VNG, to create a green ammonia corridor from Acwa’s Yanbu project to the Port
of Rostock where VNG plans to convert ammonia to green hydrogen for injection
into the national core network.
The ammonia, which
will be processed by the cracker under development by VNG, will help Germany to
decarbonise hard-to-abate sectors while also serving as a strategic entry point
into the German market.
Acwa, with the support
of EnBW, is currently leading the development of the green hydrogen and ammonia
production site in Yanbu in Saudi Arabia, with a planned commercial operation
date (COD) in 2030.
Additionally, a
Front-End Engineering Design (FEED) for process plants is on schedule for
completion by mid-2026, with commercial operations anticipated for 2030.
Acwa is evaluating the potential for its
participation in the co-development and possible co-investment in ammonia
infrastructure in Germany
Marco Arcelli, Chief
Executive Officer of Acwa, commented: “This MoU with EnBW, Rostock Port, and
VNG represents a pivotal step in forging a reliable green ammonia export
corridor from Saudi Arabia to Germany. It leverages Acwa’s Yanbu hub, where we
lead development with support from EnBW, to deliver scale for Europe’s hydrogen
needs, with processing at Rostock for core network injection. These assets
accelerate global decarbonisation, bolster energy security, and affirm our role
as Saudi Arabia’s green molecules champion.”
Dr Georg
Stamatelopoulos, Chief Executive Officer of EnBW is convinced: “The signing of
this Memorandum of Understanding is an important move for all partners
involved. By working together with Acwa, Rostock Port, and VNG, we are taking a
step toward building a reliable green ammonia corridor from Saudi Arabia to
Germany. International partnerships like this are essential if we want to
advance and make the transformation of the energy system affordable and bring
innovative solutions to market. Each partner brings complementary strengths,
and by working together, we are able to address challenges more effectively
than we could individually."
EnBW will act as an
offtaker of green ammonia from the Yanbu site and manage its commercial and
logistical delivery to the Port of Rostock, which will serve as port operator,
while VNG is progressing plans for an ammonia cracker near the port to convert imported
green ammonia into green hydrogen for German customers.
Jens Scharner,
Managing Director of Rostock Port added: “The signing of this agreement marks a
significant milestone in developing a hydrogen economy between our countries
and represents a major step forward for Rostock’s energy port. By forming this
cooperation, we are establishing a strategic, more efficient and
forward-thinking framework for securing a long-term supply of green energy and
further investment in Germany. We are delighted to be involved in these
important energy projects and want to express our sincere gratitude to all
partners for their excellent cooperation and trust in us.” -TradeArabia News Service
