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BP PLC on Wednesday said it is evaluating to expand Germany’s green port with a new hydrogen hub.
The London-based oil major said the Wilhelmshaven, Lower Saxony-based project at the North Sea could provide up to 130,000 tonnes of low-carbon hydrogen from green ammonia annually from 2028.
Patrick Wendeler, chief executive of BP Europa SE, said: ‘At bp we have the expertise and capacity to cover the entire value chain of green hydrogen production, including conversion into derivates like ammonia, transport, and then reconversion to supply green hydrogen to the customers and places who need it. This development would help create greater energy independence for our German customers across a range of low carbon energy products.’
Christian Meyer, Minister for the Environment of Germany’s state of Lower Saxony, added: ‘In order to remain competitive and resilient as an industrial location in the long term, we must ensure an affordable, climate-neutral and secure energy supply. To do this, it is important that we diversify our supply sources and create fewer dependencies. bp’s proposed new hydrogen centre in Wilhelmshaven can play an important role in this. At the same time, it further advances the energy transition in Germany and strengthens Wilhelmshaven as an important hub for the import of renewable, green energy.
BP shares shares were 0.1% lower at 484.26 pence each in London on Wednesday morning.
By Tom Budszus, Alliance News reporter
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