Azane Secures Ammonia Supply Agreement With Yara

Azane Fuel Solutions AS has entered into an ammonia supply agreement with Yara Norge AS, ensuring access to this crucial marine fuel for their operations. This agreement is a significant step in building a dependable ammonia supply chain to facilitate the shift towards more environmentally friendly shipping practices. By strengthening the ammonia value chain, Azane aims to provide consistent and scalable ammonia solutions tailored to the maritime industry's needs.

Under the terms of the deal, Yara will supply ammonia via its well-established production and logistics infrastructure, while Azane will distribute the fuel to its maritime fuel customers, including the recently announced partnership with Equinor. Steinar Kostøl, CEO of Azane Fuel Solutions, emphasized that securing this supply from a major global producer marks a crucial milestone for their company.

As demand for ammonia as a marine fuel continues to rise, forging robust partnerships throughout the value chain is essential to guaranteeing a secure, reliable, and commercially viable fuel supply. Gunner Sørensen, Senior Sales Manager at Yara Industrial Solutions, expressed satisfaction in supporting Azane's efforts to pilot ammonia supply solutions.

As a leading global producer and supplier of ammonia, Yara is ideally positioned to offer reliable fuel supplies to various industries, including emerging applications like maritime fuel. Azane Fuel Solutions specializes in ammonia handling technology and bunkering solutions, owned by industry leaders spanning the entire ammonia fuel value chain.

The company has developed innovative projects and technologies that enable swift, secure, and adaptable ammonia bunkering.