Brooge Renewable Energy, a Cayman Islands-based and wholly owned subsidiary of Brooge Energy Limited focused on providing green energy related infrastructure intended to accommodate the necessary energy transfer from fossil fuels into energy produced from renewable resources, announced the successful completion of the feasibility study for its green ammonia project in Abu Dhabi, United Arab Emirates.

On August 11, 2022, the company announced that it engaged EY to conduct the feasibility study for its green ammonia project in Abu Dhabi, UAE. The successful delivery of the final report was ensured under the guidance and leadership of the company’s interim CEO, who has been playing a key role in the company’s environmental initiatives over the past decade.

Green ammonia has gained widespread recognition as an efficient and clean carrier of green H₂, poised to play a crucial role in meeting global decarbonization targets by 2050. Recognizing its potential, the company has taken the initiative to develop a green ammonia plant, which will contribute significantly to both UAE’s and the world’s net-zero targets.

The green ammonia project will establish a world-class export-focused green ammonia production facility with capacity of 1950 tpd. The project will be executed in two phases, with Phase-I commissioning 300 tpd. The company is projected to solidify its lead in the green ammonia market by commissioning its approximately 685 kilo tons per annum (ktpa) green ammonia production, positioning the company strategically in the competitive global landscape.

With its strong production capacity, the company is in the process to secure strong off-take ties in the identified markets of Europe and Asia, capitalizing on its early mover advantage. This strategic move will enable the company to tap into the lucrative export market of 18 MMtpy of green ammonia in these regions.

A key advantage of the BRE green ammonia project is forecast to be its cost competitiveness as compared to exports from other regions such as Australia, North America and Latin America. This competitive advantage is attributed to two critical factors including the projected lower cost of production due to favorable renewable energy prices and the lower freight cost to key end-markets. As a result, green ammonia export from the Middle East into Europe and Asian markets is projected to set new benchmarks in the industry. The project is expected to be commercially feasible with an attractive internal rate of return (IRR).

“We are extremely pleased to announce the successful completion of the feasibility study for our green ammonia project,” said Lina Saheb, Interim CEO of Brooge Energy Limited. “With our early mover advantage and strategic location, we are confident that our export-focused green ammonia production facility will not only meet the rising global demand for green H₂ carriers, but also contribute significantly to the UAE’s and the world’s net-zero targets. We remain committed to driving sustainable solutions that benefit both our environment and the global economy.”