BP evaluates hydrogen shipping options
Not all customers want fuel in the form of ammonia, says CEO Bernard Looney
BP is evaluating different transport options for its nascent hydrogen supply business and will provide updates on its plans in February next year. The firm is investing in green hydrogen supply projects and has acquired a 40.5pc equity stake in, and become operator of, the Asian Renewable Energy Hub—a planned 26GW onshore wind and solar project in Australia that will also produce green hydrogen. But it has not yet established in what form the hydrogen from this and its other projects will be shipped. “Transport is a big challenge for green hydrogen,” says BP CEO Bernard Looney. “Not everyone wants ammonia. Our teams are looking at that.” BP’s recently hired executive vice-president of gas an
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