Abu Dhabi National Oil Company (ADNOC) and ADQ announced that Japan’s Mitsui & Co., Ltd (Mitsui) and the Republic of Korea’s (Korea) GS Energy Corporation (GS Energy) have agreed to partner with TA’ZIZ and Fertiglobe to develop the world-scale low-carbon blue ammonia facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais. The partnerships are expected to accelerate Abu Dhabi’s position as a leader in low-carbon fuels, capitalizing on the growing demand for blue ammonia as a carrier fuel for clean hydrogen.
The agreements highlight the exceptional international investor interest in TA’ZIZ and follow ADNOC and Fertiglobe’s recent sales of low-carbon blue ammonia demonstration cargos to customers in Japan and Korea.
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, said: “The strategic partnerships with Mitsui and GS Energy, two of East Asia’s global energy champions, reflect ADNOC’s commitment to increase the production of low-carbon hydrogen and ammonia. As the world embraces the energy transition, we will work closely with our new partners to jointly develop new hydrogen markets and applications for low-carbon ammonia to meet the needs of global export markets for the energy and industry markets in Japan and Korea. These important agreements strengthen our long-standing ties with the two countries in the fast-growing clean hydrogen economy, reinforcing Abu Dhabi’s pivotal role as a global hub for low-carbon fuels and unlocking significant economic growth opportunities for the UAE.”