Fertiglobe, the Abu Dhabi-based chemicals joint venture between energy major Adnoc and Netherlands-listed OCI, signed an agreement with Masdar as well as France’s Engie to co-develop a green hydrogen facility in the UAE for the production of ammonia.
As part of the agreement, the three companies will study the development, design, financing, procurement, construction, operation, and maintenance of an industrial-scale and globally cost-competitive green hydrogen facility in Al Ruwais. It will have a potential capacity of up to 200 megawatts and be operational by 2025 with Fertiglobe as the sole long-term off-taker, the company said on Wednesday.
“This new partnership with Masdar and Engie represents a great opportunity for Fertiglobe and the UAE to play a crucial role in the global energy transition and fits well in the UAE’s vision of a diversified and sustainable future,” said Ahmed El Hoshy, chief executive of Fertiglobe.
“Abu Dhabi is an ideal location to produce green hydrogen given the country’s commitment to a low carbon future, its unique renewables profile and its strategic geographic location.”
The companies signed the agreement on the sidelines of Abu Dhabi Sustainability Week in the UAE capital.
Green ammonia, produced from renewable sources such as solar and wind, is an ideal channel to store and transport hydrogen while helping decarbonise many sectors, which account for 90 per cent of current global greenhouse gas emissions.
“With green hydrogen seen as essential to support decarbonisation of industry, food, transport and energy, there is a huge opportunity for green ammonia to deliver green hydrogen all over the world to fuel the clean economy and meet the growing demand for renewable sources of clean energy,” Mr El Hoshy said.
Fertiglobe is the largest producer of nitrogen fertilisers and ammonia in the Middle East and North Africa, with a combined production capacity of 6.7 million tonnes of urea and merchant ammonia. The company raised about $795 million in its initial public offering last year, amid strong demand from international, regional and local investors.
“The production of green hydrogen in the UAE will be a significant milestone in its green transition, helping the country achieve its ambitious net-zero targets for 2050,” said Frederic Claux, managing director of thermal and supply AMEA at Engie.
“Moreover, by supporting the development of green hydrogen projects across the value chain, together with Masdar and Fertiglobe, we will aid the creation of local jobs and give the UAE a competitive edge in the fast-growing hydrogen economy.”
The UAE and other countries in the broader Mena region are pursuing plans to incorporate hydrogen into their energy mix and tap into the clean fuel’s potential for different industrial applications.
Last year, Adnoc, Mubadala Investment Company and Abu Dhabi holding company ADQ formed an alliance to develop a global hydrogen centre. Adnoc subsequently announced plans to build a blue ammonia plant in Ruwais, while Abu Dhabi Ports-owned Kizad said it would invest $1bn in a green ammonia plant.
The UAE is also looking to export hydrogen as demand for clean fuel increases globally amid the energy transition. It aims to capture 25 per cent of the global hydrogen market share.
Masdar also agreed a deal with Japan's Cosmo Energy on Wednesday to explore the development of renewable energy initiatives, including offshore wind projects, in Asia's second-largest economy.
The two companies will work together to develop offshore wind projects which could support Japan’s target of installing as much as 10 gigawatts of offshore wind power by 2030 and as much as 45 gigawatts by 2040.
They will also be looking to develop hydrogen and ammonia-related projects, alongside carbon capture and storage, and carbon capture, utilisation and storage solutions, battery storage technology and energy trading activities, Masdar said.
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Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
'Avengers: Infinity War'
Dir: The Russo Brothers
Starring: Chris Evans, Chris Pratt, Tom Holland, Robert Downey Junior, Scarlett Johansson, Elizabeth Olsen
Four stars
The biog
Name: Greg Heinricks
From: Alberta, western Canada
Record fish: 56kg sailfish
Member of: International Game Fish Association
Company: Arabian Divers and Sportfishing Charters
Federer's 11 Wimbledon finals
2003 Beat Mark Philippoussis
2004 Beat Andy Roddick
2005 Beat Andy Roddick
2006 Beat Rafael Nadal
2007 Beat Rafael Nadal
2008 Lost to Rafael Nadal
2009 Beat Andy Roddick
2012 Beat Andy Murray
2014 Lost to Novak Djokovic
2015 Lost to Novak Djokovic
2017 Beat Marin Cilic
57%20Seconds
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Bugatti Chiron Super Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,600hp
Torque: 1,600Nm
0-100kph in 2.4seconds
0-200kph in 5.8 seconds
0-300kph in 12.1 seconds
Top speed: 440kph
Price: Dh13,200,000
Bugatti Chiron Pur Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,500hp
Torque: 1,600Nm
0-100kph in 2.3 seconds
0-200kph in 5.5 seconds
0-300kph in 11.8 seconds
Top speed: 350kph
Price: Dh13,600,000
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
RESULT
Norway 1 Spain 1
Norway: King (90 4')
Spain: Niguez (47')
