Air Products and Mabanaft, through its Oiltanking subsidiary, have joined forces to develop a multi-million-euro green import facility at the Port of Hamburg to boost Germany’s hydrogen market.
Set to be operational by 2026, the location will offer strategic access to green ammonia from large-scale green hydrogen production facilities operated by Air Products and its partners around the world.
This ammonia will then be imported via the new import terminal and converted to green hydrogen at Air Products’ facilities in Hamburg, before being distributed to buyers across northern Germany.
The plans come as Europe strives to meet its REPowerEU goals of importing 10 million tonnes of renewable hydrogen by 2030, as well as boosting domestic production to 10 million tonnes.
“Together with Mabanaft, we look forward to further progressing our plans of importing needed renewable energy into Germany, through our planned facility,” said Seifi Ghasemi, Chairman, President and CEO of Air Products.
Germany’s Federal Minister for Economic Affairs and Climate Action Robert Habeck, added, “Now more than ever, we need to advance the hydrogen economy. To do this, we are setting up our own hydrogen production in Germany, but of course we also need hydrogen from imports.”
“An accelerated energy transition with more speed in expanding renewable energies and ramping up green hydrogen are the right answers to the Russian aggression and the right answers to strengthen energy security, resilience and competitiveness.”
Mabanaft has said it will continue to make significant investments and deploy its energy infrastructure capabilities to accelerate the energy transition in Hamburg as the key import gateway for Germany.
The announcement follows a Memorandum of Understanding between Air Products and the Hamburg Port Authority, signed in February 2022, to accelerate production, supply chain, and consumption of renewable hydrogen in the North of Germany and Free Hanseatic State of Hamburg.