Magnora, Prime Capital And Troms Kraft Cooperate On Green Maritime Fuel Project

T-Reuters

2021-09-16

Magnora ASA :Magnora, Prime Capital And Troms Kraft Developing Green Maritime Fuel.Has Entered Into A Collaboration Agreement With Prime Capital And Troms Kraft For Development Of A Green Maritime Fuel Project In Tromsø Area In Norway.Project Involves Large-Scale Production Of Green Hydrogen And Further Processing Into Green Ammonia (Nh3) And/Or Liquid Organic Hydrogen Carriers (Lohc).Project Is Currently In Feasibility-Stage Aiming For Final Investment Decision Late 2022 To Mid-2023.If Proceeding As Planned, Green Fuel Project Will Be In Commercial Operations By 2025.

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