Image credit: Fertiglobe

Abu Dhabi-based Fertiglobe has won the bid to supply as much as 397,000 tonnes of renewable ammonia to the European Union (EU) by 2033 at a delivered contract price of $1,086 (EUR1,000) per tonne.

The company will begin with an initial supply of 19,500 tonnes in 2027, with a maximum contract value of $431m.

“The award marks a significant milestone for Fertiglobe in advancing sustainable ammonia production and a further critical step towards FID of Egypt Green Hydrogen, expected in H1 2025,” said Ahmed El-Hoshy, CEO of Fertiglobe.

“We are leveraging this…