Parties sign for the development of an ammonia terminal in Japan

As announced, taking into account the ongoing progress of domestic infrastructure development within the country, IHI and Vopak plan to participate in projects for the development and operation of an ammonia terminal in Japan, aiming to start operations in the Japanese fiscal year 2030, focusing on the development of safe and efficient ammonia storage and handling infrastructure.

The ammonia terminal development aims to facilitate the receiving and storing of imported ammonia within Japan and to facilitate the establishment of a system for stable supply of such ammonia in Japan.

Furthermore, the collaboration focuses on developing a broader ammonia supply chain in Japan, with the goal of promoting the various uses of ammonia. IHI and Vopak also aim to establish an efficient ammonia distribution system by utilizing an ammonia terminal with a hub function for marine transportation. 

By fully leveraging the combined expertise and advanced technologies of both companies, we aim to contribute to Japan’s energy transition and the realization of a sustainable society through the establishment of safe and efficient ammonia infrastructure.

…said Kensuke Yamamoto, Executive Officer, Vice President of Business Development Division, and General Manager of Ammonia Value Chain Project Department, IHI Corporation.

As stated, ammonia is anticipated to contribute to Japan’s decarbonization goals through its increased use as fuel and raw material in power generation and various industrial uses.

We are very much looking forward to contributing, together with IHI, to the ammonia terminal development in Japan. Vopak’s global growth strategy includes industrial and gas infrastructure and infrastructure needed for the energy transition.

…said Lars Schaumann, Managing Director, Vopak Japan.