Fertiglobe has partnered with Norwegian renewable-power producer Scatec and the Sovereign Fund of Egypt to develop a green-ammonia production plant on Egypt's Red Sea coast.
The project could supply bunkers for shipping.
Fertiglobe, a joint venture of OCI and Abu Dhabi National Oil Company (Adnoc), and its new partners plan to develop a 50 to 100-megawatt electrolysis plant in Egypt to produce green hydrogen as feedstock for green-ammonia production.