Forging offtake agreements is essential for clean ammonia start-up Ten08 Energy to move forward with its planned production facility on the US Gulf Coast, and chief executive Jean Perarnaud sees the shipping fuels market in Europe as a key customer base.
The Houston company, which has shipowner Navigator Gas as a key investor and partner, is aiming to make a final investment decision in two to three years, once it secures enough long-term customers.