July 15, 2024 [Storage Terminals Magazine]- Stolthaven Terminals, in collaboration with Global Energy Storage, has been selected as the potential operator for Brazil’s first green ammonia export terminal in Pecem, Brazil.

The Port of Pecem Authority awarded the partnership the rights following a competitive 15-month tender process that included several global storage providers. The next phase of the project will involve developing the terminal’s basic engineering before finalising the contract with the Port of Pecem Authority.

Located in the Industrial Export Zone of the Pecem Complex, the green ammonia terminal will support the production and export of green hydrogen and ammonia. This facility aims to provide offshore markets with a competitive source of renewable energy. Both Stolthaven Terminals and GES, recognised for their global presence and expertise in large-scale storage projects, are well-suited to manage this initiative. Stolthaven Terminals has a notable presence in Brazil, with 42 years of experience as a storage provider in the Port of Santos.

Green ammonia is being explored as a solution for decarbonising the shipping industry and reducing greenhouse gas emissions in power and heat generation. It has the potential to serve as a hydrogen carrier over long distances due to its easy liquefaction and higher hydrogen density compared to other low-carbon hydrogen carriers. Ammonia is expected to play a significant role in meeting the EU target of importing 10 million tonnes per year of renewable hydrogen by 2030.

Guy Bessant, president of Stolthaven Terminals, expressed gratitude to the Port of Pecem Authority for awarding the tender and looks forward to working with GES, the Port of Pecém Authority, and future potential customers in developing a world-class terminal that will contribute to the energy transition. Peter Vucins, CEO of GES, also expressed pride in the role they played in the process and the joint development of a solution aligned with their vision and global operations.

Marcelo Schmitt, general manager of Stolthaven Santos, emphasised the importance of being chosen as the right partner for the Hydrogen Hub and supporting customers in transitioning to green energy. He highlighted Brazil’s growing role as an export powerhouse for biofuels and renewable energies and the successful and exciting development it will bring to the storage industry.