DAI Infrastructure GmbH announced that it signed a Memorandum of Understanding (MoU) witth Freepan according to which Freepan will offtake 800 000 TPA of green ammonia.
In particular, the green ammonia will be produced at the company’s project in East Port Said, Egypt, where DAI is currently developing a 2.000.000 tonnes p.a. capacity green Ammonia plant named Ra”. The first orders are expected to be delivered in the first quarter of 2028.
According to DAI, Freepanexpects to use the green ammonia for trading to European markets and for mobility applications as maritime fuel for vessels that are going to pass the Suez Channel.
As explained, this MOU represents DAI’s second green ammonia offtake, totalling now 1.000.000 tonnes of green ammonia to be delivered, as planned, after Q1 2028. The total green ammonia production is estimated to reach 1.6m tonnes of green ammonia annually.
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We at DAI, on behalf of the stakeholders of the Ra green ammonia plant, are more than happy to announce today the signing of this green ammonia agreement together with FREEPAN. This is the second agreement we have signed so far for the Ra project.
…said DAI’s Ioannis Papassavvas.
Project Ra, which is planned to provide 800.000t of green Ammonia annually to FREEPAN, was selected against a challenging set of ESG criteria, offering FREEPAN and the corresponding stakeholders, who understand the significant impact of green ammonia, the prospect of healthy returns and accelerating transition into a CO2 free environment in the shipping industry.”