POST Online Media Lite Edition



 

UAE, Germany cement strategic energy and industry partnership

Christian Fernsby |
To mark the arrival of the first-ever hydrogen-based ammonia test cargo from the UAE to Germany, Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate Change, along with Robert Habeck, German Vice Chancellor and Federal Minister for Economy and Climate Action, attended a ceremonial event in the headquarters of Aurubis AG (Aurubis) in Hamburg.

Article continues below




As a major Copper producer, Aurubis is using the blue ammonia produced by Abu Dhabi National Oil Company (ADNOC) for the climate-neutral conversion of energy-intensive copper rod production using low-emission ammonia.

The test delivery from the UAE is an important step in the establishment of a comprehensive hydrogen value chain between the UAE and Germany. Further ammonia test cargoes are due to arrive in Germany later this year and will play an important role in building a future hydrogen supply chain between both countries.

Dr. Al Jaber and Vice Chancellor Dr. Habeck also agreed to accelerate joint energy and industry projects during a Business Roundtable held in the Hamburg Chamber of Commerce and attended by CEOs of leading energy and industrial companies from the UAE and Germany.

The roundtable meeting builds on the Energy Security and Industry Accelerator (ESIA) agreement, signed in Abu Dhabi on 25th September.

During the Business Roundtable, Dr. Al Jaber reiterated that the UAE and ADNOC stand ready to partner with German industry and businesses on energy security, decarbonisation and climate action, while noting the UAE is a highly attractive destination for German companies to grow their global markets by leveraging the secure, reliable, competitive and low carbon energy available locally.

Commenting on the inauguration, Dr. Al Jaber said, “I am delighted to be in Hamburg today, as we inaugurate the first ammonia test-cargo between the UAE and Germany. Our rapidly growing energy and industry partnership, underpinned by the strategic ESIA agreement, demonstrates how the UAE is taking pragmatic and tangible action to respond to global energy challenges.

“As the responsible provider and reliable exporter of low-carbon energy, the UAE is fully committed to strategically work with German businesses on industrial growth opportunities, energy security, decarbonisation and climate action. As the UAE prepares to host COP28 in 2023, the UAE extends an open invitation to German businesses to work on pragmatic and commercially viable solutions to advance climate progress and the energy transition.”

As part of the ESIA, ADNOC and Masdar have been identified as the partners of choice to work towards decarbonising Germany's hard-to-abate industry through hydrogen infrastructure opportunities including strategic storage.

In addition to delivering low-carbon ammonia demonstration cargos to Germany, ADNOC recently entered into a supply deal with RWE for a commissioning cargo of LNG for its first floating terminal at Brunsbüttel, Germany, scheduled to arrive in December 2022.

ADNOC also announced that it is reserving further LNG cargoes for German customers in 2023 and is allocating up to 250,000 tonnes of diesel per month to support Germany’s energy security in 2023.

Meanwhile, Masdar, the UAE’s renewable energy champion, is actively exploring opportunities in the offshore wind markets in the North Sea and Baltic Sea that could generate up to 10GW of renewable energy production capacity by 2030 subject to the necessary German policy and regulatory requirements being met between the two nations.

There are also plans to collaborate with H2-Global, a key funding mechanism to accelerate the bilateral and global expansion of the hydrogen economy.

The UAE is Germany’s largest trading partner in the Gulf region and non-oil trade increased 10 percent last year.


What to read next

Ghana seeks discounted cement for affordable housing project
UAE-India bilateral trade to exceed $100 billion by 2020
UAE, Germany sign energy security, industry accelerator pact

Arctic air spreads south and east from Rockies Friday through next week

 
A clipper system will move quickly across the northern Plains into the Midwest Friday and the Northeast by Saturday, bringing a wintry mix of rain and snow showers ahead of a sweeping cold front.
 
 

Latest

U.S. drillers cut oil and gas rigs
Los Angeles wildfires: Governor announces $20 million to support firestorm-impacted workers
Corning to create 300+ jobs in North Country, New York
Historic $8 billion transportation investment to improve roads, bridges and regional transit in Massachusetts

NEWS

Bulgaria: 4 charged with €94.5 million fraud involving railway signalling systems

Winter storm to impact south and southeast U.S.
Azerbaijan suspends gas supplies to Bulgaria for technical reasons
UK phasing out sale of new petrol and diesel cars from 2030
Anchor linked to Eagle S recovered in Finland-Estonia cable damage probe
U.S.: Major winter storm to bring snow and ice
 

BUSINESS

U.S. rig count dropped, Canada nice surprise

Massachusetts wins more than $102 million for transportation infrastructure projects
Baker Hughes oil rig count unchanged at 589, Canadian down
Indonesia starts implementing 12 pct VAT on luxury goods, services
Egyptians start paying taxes on imported mobiles
Baker Hughes says U.S. oil rig count stays unchanged at 483, in Canada rigs dropped by 71 to 95
 

Trending Now

Germany reports first foot and mouth disease outbreak in 35 years

Schletter supplies Central Europe’s largest agri-PV project

Los Angeles wildfires: Governor announces $20 million to support firestorm-impacted workers

Arctic air spreads south and east from Rockies Friday through next week


POLITICS

Indonesia starts steel exports to New Zealand

New Zealand, UAE sign free trade agreement
Spanish PM proposes 100 pct tax on homes bought by foreigners
Governor Hochul: Bridge rehabilitation project along Interstate 81 in Onondaga County completed
North Carolina allocates $1.65 billion for Helene recovery efforts
Slovak PM to discuss gas transit issue with EU
 

Today We Recommend

Germany reports first foot and mouth disease outbreak in 35 years


Highlights 

Los Angeles wildfires: Governor announces $20 million to support firestorm-impacted workers

Corning to create 300+ jobs in North Country, New York

Lufthansa Group plans around 10,000 new hires across entire company in 2025


COMPANIES

Lufthansa Group plans around 10,000 new hires across entire company in 2025

BP announces plan to cut 4,700 jobs
Orano signs investment agreement with Mongolian government to develop world-class uranium deposit
Terna to improve Naples’ electrical infrastructure
Schletter supplies Central Europe’s largest agri-PV project
500 jobs open for application at Portuguese airports
 

CAREERS

McWin appoints Guillaume Charlin as managing partner

PrecisionLife: Bill Keating new chief commercial officer, diagnostics and healthcare
Mika Mahlberg becomes Fortaco’s president, CEO and member of board
Medicilon names Lilly Xu as chief technology officer
Khalid Khalafalla named new CEO of CIEC
Bata names Miguel Esquide as chief design officer
 

ECONOMY

Indonesia goes from $0.6 billion deficit to $5.9 billion surplus

Greece to repay $5.3 billion bailout debt early
Fraser Institute: Canada’s debt ranking falls from best in G7 to 7th worst
Kuwait reports $5.2 bln budget deficit in FY 2023-24
Eurozone reports modest Q1 GDP growth, stable annual inflation
Italy sees faster economic growth in Q1
 

EARNINGS

Ericsson Q2 sales down but North America up

Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Vietnam opens Brazilian market for salted cattle hides

Germany reports first foot and mouth disease outbreak in 35 years
UK exported enough banned bee-killing pesticides to cover area bigger than England
Hong Kong suspends import of poultry meat and products from areas in Hungary, Portugal, Korea
Argentina opened Philippine market to export bone-in poultry, pork and beef
World Bank, EU finance 45m euro subsidies to Ukrainian farmers
 

LEADERSHIP

Study: Missing a deadline has a bigger impact than you might think

Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
 

CRIME

Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing

BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
SEC charges John Deere with FCPA violations for subsidiary’s role in Thai bribery scheme
AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood
 

Magazine

TRAVEL

Radisson Hotel Group debuts in the heart of Tunisia’s capital city, Tunis

Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
 

SEA, LAND, AIR

Citroën C3 Aircross, the most affordable compact SUV with 7 seats

2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

MESA/Boogie Celebrates 40-year partnership with John Petrucci

reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
 

HEALTH

Human cases of anthrax reported in western Mongolia

One more barrier to developing vaccine for HIV removed
Rwanda begins world's first clinical trial for treatment of Marburg virus disease
Rwanda restricts gatherings amid Marburg virus outbreak, to begin trials of vaccine
Teksas Attorney General reaches settlement in first-of-its-kind healthcare generative AI investigation
Potentially deadly fungal disease spreading in California
 

MEANTIME

India launches space docking experiment mission

World-first carbon-14 diamond battery made
Einstein Telescope step closer
Exoplanet-hunting telescope to begin search for another Earth in 2026
India to build first phase of its own space station by 2028
Roscosmos chief approves schedule of creating Russian orbital station through 2033