VNG, Aker Horizons sign agreement on green ammonia supply
09/05/2023 09:25
FRANKFURT, May 9 (Reuters) - German gas trader VNG
VNG.UL on Tuesday said it has signed a letter of intent with
Norway's Aker Horizons AKH.OL on the supply of green ammonia.
VNG, which is majority-owned by German utility EnBW
EBKG.DE , said it intends to procure around 200,000 tonnes of
green ammonia per year from 2028 onwards, which it will pass on
to customers directly or in the form of hydrogen.
(Reporting by Christoph Steitz
Editing by Madeline Chambers)
((Madeline.Chambers@thomsonreuters.com; +4930220133578;))