Picture of Koninklijke Vopak NV logo

VPK Koninklijke Vopak NV News Story

0.000.00%
nl flag iconLast trade - 00:00
EnergyConservativeLarge CapNeutral

Vopak, Air Liquide to jointly develop Singapore ammonia and hydrogen infrastructure

SINGAPORE, March 11 (Reuters) - Tank storage firm Vopak
 VOPA.AS  said on Monday that it has signed an agreement with
industrial gas company Air Liquide to develop and operate
infrastructure for ammonia import, cracking and hydrogen
distribution in Singapore. 
    The companies will look at developing low-carbon ammonia
supply chains in Singapore, including ammonia cracking
facilities, storage and handling infrastructure at Vopak's
Banyan terminal, as well as distributing low-carbon hydrogen
through a hydrogen pipeline network, Vopak said.  
    "As Singapore gears up for receiving and handling ammonia
for power generation and bunkering, cracking of ammonia into
hydrogen presents an additional application to help the industry
shift to lower carbon feedstock," Rob Boudestijn, president at
Vopak Singapore, said.
    The company also recently announced it will convert part of
Singapore Sebarok terminal for marine biofuel blending. 
    Ammonia is among several alternative fuels that shippers and
power companies are exploring to reduce emissions. 

 (Reporting by Jeslyn Lerh; Editing by Mrigank Dhaniwala)
 ((jeslyn.lerh@thomsonreuters.com))

Recent news on Koninklijke Vopak NV

See all news