Japan’s Mitsui & Co. Ltd. (Mitsui) and the Republic of Korea’s GS Energy Corp. have agreed to partner with Ta’ziz, a joint venture between Abu Dhabi National Oil Co. (ADNOC) and Abu Dhabi Holding Co. (ADQ), and Fertiglobe to develop the world-scale 1 million mt/y blue ammonia production project at the Ta’ziz Industrial Chemicals Zone in Ruwais, Abu Dhabi.
In addition to becoming partners, Mitsui and GS Energy will, upon equity participation and supply commencement, off-take “significant volumes” of blue ammonia to “meet growing demand in the energy and industrial sectors in Japan and Korea, respectively,” said ADNOC and ADQ.
The agreements with Mitsui and GS Energy – which remain subject to relevant regulatory and company approvals – follow ADNOC and Fertiglobe’s recent sales of low-carbon blue ammonia demonstration cargoes to customers in Japan and Korea, ADNOC and ADQ said.
Fertiglobe joined the project as a partner in June (GM June 25, p. 33).