DP World + AM Green to develop green fuel supply chain: UAE logistics giant DP World has agreed to jointly develop logistics and storage infrastructure with India’s green energy producer AM Green to facilitate the export of 1 mn tons of green ammonia and methanol each annually, according to a statement (pdf) released on Tuesday.
How will they do it? Under the MoU, the two firms will:
- Establish port infrastructure across AM Green’s Net-Zero Industrial Clusters to facilitate global exports;
- Develop bunkering infrastructure in Dubai, India, and Southeast Asia for green ammonia and methanol from AM Green’s plants;
- Build terminal infrastructure in the EU, Far East, and the UAE to support a netzero carbon supply chain.