Jordan and Maersk signed MoU for green methanol production
Jordan’s Ministry of Energy and Mineral Resources signed a memorandum of understanding (MoU) with Danish company AB Moller-Maersk for green marine fuel production.
AB Moller Maersk will conduct preliminary technical and economic feasibility studies to invest in and develop a project to produce marine fuel green methanol in the Aqaba region using desalinated water and renewable energy, according to a Ministry statement in Arabic.
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Maersk is one of the largest shipping companies worldwide operating in more than 130 countries. In March, the company had signed an MoU with Egyptian government entities to conduct a feasibility study for hydrogen and green marine fuel production in Egypt with committed off-take contracts.
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Maersk had also announced that it signed strategic partnerships with six companies – CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel – with the intent of sourcing at least 730,000 tonnes/year of green methanol by end of 2025 to power a fleet of 12 ships, each of 16,000 TEU capacity.
Source: Reuters (Writing by Sowmya Sundar; Editing by Anoop Menon)
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