Stolthaven and GES awarded Brazil’s first green ammonia export terminal

The Port of Pecém Authority (CIPP) has awarded the rights to the partnership between Stolthaven Terminals and GES after a 15-month tender process involving a number of global storage providers.

During the next phase of the project, and with the involvement of CIPP and the ammonia producers, the basic engineering of the terminal will be developed before confirmation of the official contract with CIPP.

The development of a green ammonia terminal in the Industrial Export Zone (ZPE) of the Pecém Complex will serve the production of green hydrogen and its ammonia production exports and allow offshore markets to access one of the most globally competitive sources of this renewable energy. 

In 2023, Stolthaven Terminals and GES agreed to form a partnership to develop and operate an export terminal for hydrogen and its derivatives. 

Stolthaven Terminals has an established local presence in Brazil with 42 years of experience operating as a storage provider in the Port of Santos.  

Green ammonia is being widely explored as an option for decarbonising the shipping industry and reducing greenhouse gas emissions in power and heat generation. Ammonia is expected to play an important role in meeting the EU target of importing 10 million tonnes per year of renewable hydrogen by 2030. A significant share of such volumes is expected to be imported to Europe. 

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 “We look forward to working with GES, CIPP and our future potential customers in developing a world-class terminal which will be an integral part of the energy transition,” said Guy Bessant, President of Stolthaven Terminals.

"This is one more step towards executing our strategy for growth and supporting our customers in transitioning to green energy. Brazil is fast becoming a new export powerhouse for biofuels and renewable energies and our extensive local and global experience, together with the expertise of our partner GES, will make it a successful and exciting development for the storage industry,” added Marcelo Schmitt, General Manager of Stolthaven Santos.