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Ceará and the Netherlands Create Green Hydrogen Corridor for Fuel Transportation to Europe

Escrito por Bruno Teles
Publicado em 08/05/2023 às 15:27
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The Official Announcement Will Take Place on May 10, with the Presence of the Prime Minister of the Netherlands, Mark Rutte, Who Will Be in the State of Ceará on the Occasion.

The initiative aims to transport H2V produced in Ceará directly to Europe, with the Netherlands as the main entry point.

The route has been planned since the significant increase in demand for green hydrogen worldwide, with the Port of Pecém seen as one of the ports with the greatest potential to attract investments related to the new fuel. Rotterdam, in turn, is considered the main entry point for all of Europe.

The President of the Pecém Complex, Hugo Figueirêdo, Highlighted the Importance of the Partnership and the Port’s Role in Supplying Green Hydrogen in Europe Through the Port of Rotterdam.

Mark Rutte will arrive in Ceará on May 9, with a visit to the Pecém Complex scheduled for the following day. Currently, Ceará already has 24 memoranda of understanding related to H2V signed between investors and the state government.

Three of these enterprises already have sealed pre-contracts and reserved area in the Ceará Export Processing Zone for the installation of factories: Fortescue, Casa dos Ventos, and AES. It is estimated that the total investment in these three projects alone will be around US$ 8 billion. The Port of Pecém is also expected to invest R$ 2.2 billion to equip the terminal with infrastructure capable of hosting the projects.

According to Figueirêdo, he will be in the Netherlands on the day of the event, while the governor Elmano de Freitas (PT) is expected to welcome the prime minister.

The Launch of the Green Hydrogen Corridor Still Sparks Expectations for the Signing of New Protocols.

The launch ceremony will be held during the World Hydrogen Summit, which is expected to gather eight thousand decision-makers, energy ministers, CEOs, and representatives from over 100 countries at Rotterdam Ahoy, between May 9 and 11.

Figueirêdo emphasizes that the visit of the Prime Minister of the Netherlands is a clear signal of the European market’s demand for green hydrogen. The Netherlands and Germany have already committed government funds to stimulate demand for the fuel in their respective countries and facilitate and favor exports from Brazil.

The president of the Pecém Complex also points out the partnership with Rotterdam as essential for the creation of this corridor. In 2018, the Ceará government negotiated with the Dutch government for the cession of 30% of the Port of Pecém, in order to expand exports from Ceará to Europe of various products. The Port of Rotterdam invested €7.5 billion in the Ceará terminal, which granted it the right to occupy positions on the Executive Board, Fiscal Council, and Administration Council.

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Bruno Teles

Falo sobre tecnologia, inovação, petróleo e gás. Atualizo diariamente sobre oportunidades no mercado brasileiro. Com mais de 7.000 artigos publicados nos sites CPG, Naval Porto Estaleiro, Mineração Brasil e Obras Construção Civil. Sugestão de pauta? Manda no brunotelesredator@gmail.com

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