AVTL to develop ammonia terminal in Pipavav

The terminal will facilitate ammonia imports, serving the extensive fertilizer market. Next to the usage in the fertilizer industry, ammonia is a key carrier for hydrogen and identified as an important product in the energy transition. The terminal will support green ammonia exports in the future, this ties in with the strategy to accelerate towards infrastructure for the energy transition.

The terminal is designed as a third-party, independent storage facility with a storage capacity of around 36 000 t and is expected to be commissioned by the end of 2026. Its customers will have the benefit of being connected to the global ammonia market.

The total investment of approximately €53 million (INR5.3 billion) will be fully funded by AVTL.

Vopak is a 42.23% shareholder in AVTL. Vopak's global growth strategy includes industrial and gas infrastructure and infrastructure needed for the energy transition. Currently, Vopak has six ammonia storage locations within its global network.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/20062025/avtl-to-develop-ammonia-terminal-in-pipavav/