As part of Dubai’s strategy to become a sustainable global hub for clean energy and a green economy, Dubai’s ENOC Group, the integrated international oil and gas player operating across the energy sector value chain, and Japanese heavy-industry manufacturer IHI Corporation, have signed a Memorandum of Understanding (MoU) to explore establishing a low-carbon hydrogen and low-carbon ammonia supply chain in the UAE.
The move is aligned with the UAE’s overall efforts to diversify its energy sources to transition into a clean energy model for the world to emulate. The produced fuel will be exported to Japan and supplied within the UAE and across the region for bunkering and other purposes.
As part of the agreement, both parties will execute corresponding studies in consecutive phases for green ammonia production in the UAE, including pre-feasibility and feasibility studies for the first-of-its-kind full-scale production plant, pre-FEED (Front End Engineering Design) and FEED studies for the demonstration plant, and pre-FEED and FEED for the full-scale production plant.
The agreement was signed by His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, and Jun Kobayashi, Executive Officer, General Manager of Solution & Business Development Headquarters of IHI Corporation.
This partnership aligns with Dubai’s Clean Energy Strategy 2050 and the UAE Energy Strategy 2050 to meet the country’s economic requirements and environmental goals. Further, it supports the UAE Net Zero by 2050 Strategic Initiative, a national drive to achieve net-zero emissions by 2050.