Abu Dhabi National Oil Company (ADNOC) has signed a contract to acquire a 35% stake in ExxonMobil’s proposed blue hydrogen and ammonia mega project in Baytown, Texas.
Believed to be the largest facility of its type, the site will have capacity to produce up to one billion cubic feet of low carbon hydrogen a day and more than one million tonnes of low-carbon ammonia per annum.
The project is also expected to capture and store seven million tonnes of CO2 per year.
It is hoped that a final investment decision (FID) will be reached in 2025, with start-up planned for 2029.
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