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Horisont Energi är ett norskt bolag verksamma inom energisektorn. Bolaget är en producent samt vidare distributör av diverse råvaror. Störst andel av utbudet består av ammoniak och vätgas som vidare används inom diverse industriella processer. Produktionen drivs via egna anläggningar, med störst närvaro inom den nordiska marknaden. Huvudkontoret ligger i Sandnes.


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2021-10-08 07:00:00
SANDNES, Norway - October 08, 2021 - Horisont Energi (EURONEXT: HRGI) and Koole
Terminals B.V. (Koole Terminals), a leading independent liquid bulk storage
company, today announced the signing of a memorandum of understanding to
collaborate on the development of a terminal and storage facility at the Port of

According to the agreement, Horisont Energi and Koole Terminals will explore the
establishment of a strategic and collaborative relationship for storage of
ammonia produced and shipped from Norway to Rotterdam. The agreement will also
cover technical and commercial conceptual models for storage of ammonia
products, services solutions and technologies for further distribution, to meet
forecast demand in Northwest Europe. Koole Terminals has a storage capacity of
over 4.1 million cubic meters and is connected to several transport modalities
(i.e. ship, truck, rail and pipeline) with direct pipeline connections to core

"I'm excited to announce this agreement. As Horisont Energi and our partners
work towards developing Europe's first world-scale clean ammonia project, it is
essential to establish relationships with key storage, handling and transport
partners in the region, to ensure our clean ammonia can reach all potential
clients," says Bjørgulf Haukelidsæter Eidesen, CEO of Horisont Energi.

Horisont Energi recently announced a cooperation agreement with Equinor and Vår
Energi, the two largest offshore oil and gas producers in the Barents Sea
region, on the joint development of the Barents Blue project, Europe's first
large-scale production facility for blue ammonia. The Barents Blue project is
based on using natural gas, clean water and renewable energy to produce clean
ammonia, which is a key industrial gas used globally in the fertilizer and
chemical sector and is a very efficient hydrogen carrier, making it one of the
most promising fuels for decarbonization of parts of the maritime sector.

During the production process at the Barents Blue ammonia plant, more than 99
percent of the CO2 will be captured and permanently stored in the offshore
Polaris reservoir below the seabed offshore Finnmark. Koole Terminals will play
an important role in facilitating and supporting the distribution of ammonia
from the Barents Blue production plant in Hammerfest, Northern Norway.

"We are eager to work with Horisont Energi to materialize their European
distribution hub for blue ammonia. We consider ammonia as one of the important
future liquid energy carriers, and as such this project fits very well with
Koole's sustainable energy strategy," said John Kraakman, CEO of Koole

Investor relations
Dan Jarle Flølo, CFO
+47 901 13 159

Media Relations
Marianne Stigset
+47 41 18 84 82

About Horisont Energi
Energi Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy company that
provides clean energy and carbon storage services at industrial scale. The
company transforms gas and renewable energy into cost-leading clean ammonia and
hydrogen, and offers CO2 transportation and storage solutions using proprietary
technology, paving the way for a low carbon economy. The company was founded in
2019 and is headquartered in Sandnes, Norway. www.horisontenergi.no

About Koole Terminals
Koole Terminals is a leading and independent storage, processing, and logistics
company, enabling business growth through integrated and innovative service
offerings for large-volume products. Driving the energy transition forward for a
sustainable future by supporting its world-class customers. With 11
strategically located terminals in Europe and a total volume of 4,100.000 cbm,
Koole reflects the diversity of its customers' needs. From transporting,
storing, blending, processing a wide range of products, to ensuring a low carbon
footprint through focused energy efficiency. All these solutions are always
provided in a safe, reliable, and sustainable manner.

About Barents Blue
Barents Blue will provide Europe's first large-scale clean ammonia production.
Based on natural gas from the Barents Sea, it will include a world-scale clean
ammonia plant located in Finnmark in Northern Norway. Barents Blue will have a
production capacity of 3000 tons of ammonia per day once operational. During the
production process, carbon will be captured and transported by ship to the
Polaris reservoir for storage, with an estimated capacity in excess of 100
million tons below the seabed offshore Finnmark, which is equivalent to twice
Norway's annual greenhouse gas emissions.