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Ammonia has a number of advantages as a hydrogen carrier
Norway Derivatives and products
Polly Martin
14 April 2023
Follow @PetroleumEcon
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Norway funds floating ammonia-to-hydrogen project

The government has provided a project led by Hoegh LNG and Wartsila with NOK60mn, equivalent to 50pc of expected costs

An ammonia-to-hydrogen project led by Norway’s Hoegh LNG and Finland’s Wartsila has received NOK60mn ($5.78mn) in funding from the Norwegian government, equivalent to 50pc of the expected cost. The project aims to develop a system installed onboard a floating receiving terminal that can convert ammonia to hydrogen. “As a world leading provider of fast-track floating LNG terminals, we are well-positioned to support the transition to clean, carbon-free energy. New and innovative solutions will need to be developed, and we look forward to working together to ensure we remain at the forefront of the energy transition,” says Erik Nyheim, CEO of Hoegh LNG. The firm aims to ensure future terminals

Also in this section
Oman sees green opportunities amid global trade war
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
Letter on hydrogen: Cracking the ammonia code
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
Europe should partner with China in clean hydrogen race
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
Letter on hydrogen: Bankable business?
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen

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