Cepsa joins Port of Rotterdam to create green hydrogen corridor between Spain and Netherlands

Spanish oil company Cepsa aims to create a green hydrogen corridor between the ports of Rotterdam and Algeciras by 2027.

PHOTO: Aerial view of the Europoort area in the Port of Rotterdam

The hydrogen will be produced at Cepsa’s San Roque Energy Park near the Bay of Algeciras and will be exported in the form of ammonia or methanol to Rotterdam.

It intends to develop a similar supply chain from its La Rábida Energy Park in the Spanish port city of Huelva.

Maarten Wetselaar, Cepsa's chief executive, says the company will continue to explore further partnerships that can accelerate the roll out of green hydrogen and biofuels across Europe.

The European Union intends to produce 10 million mt of green hydrogen by 2030, and import another 10 million mt, under its REPowerEU plan.

Rotterdam aims to supply northwestern Europe with 4.6 million tonnes of green hydrogen by 2030, while Cepsa hopes to lead the production of green hydrogen in Spain and Portugal by 2030.

By Konica Bhatt

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