The Norwegian government has approved a NOK 89 million (€ 8.6 million) under the Norwegian Green Platform Initiative to Azane Fuel Solutions’ first project, ‘Ammonia Fuel Bunkering Network’, building a green ammonia bunkering terminal.
Azane Fuel Solutions will develop, build and operate the first bunkering terminal in a Norwegian port. The new solutions will be capable of receiving fuel from ships, trucks and barges, in a refrigerated or pressurised state and be optimised for ammonia-fuelled ships. The solutions include both shore-based solutions and floating solutions.
The grant will be provided under the Norwegian Green Platform Initiative, established by the Norwegian government.
Ammonia is important for the green transition, especially for the shipping industry. Developing bunkering solutions is a key step to make ammonia available as a zero-emission fuel.
The project partners include Amon Maritime, Arena Ocean Hyway Cluster, Azane Fuel Solutions, Econnect Energy and Yara. The partners will develop and demonstrate an ammonia fuel bunkering network for ships, enabling cost-efficient and safe distribution, storage, transfer and utilisation of ammonia as a carbon-free fuel.
Sveinung Rotevatn, Norwegian Minister of Climate and the Environment, said, “The Norwegian government established the “Green platform Initiative” program to help lift exactly this type of innovative project.”
André Risholm, CEO at Amon Maritime and Chairman at Azane Fuel Solutions, explained that ammonia already has a global bulk terminal network. Now we will start building the bunkering network.