Canada's Ambitious Hydrogen Export Plan to South Korea
Key Ideas
- Trigon Pacific Terminals and Ulsan Free Economic Zone Authority (UFEZ) have signed an agreement to export hydrogen-based ammonia from Canada to South Korea.
- Hydrogen-as-ammonia is considered a low or carbon-free fuel and can be used directly or as an efficient way to transport hydrogen.
- The development of a west coast export corridor is underway, aiming to transport ammonia from B.C. and Alberta via rail to Prince Rupert for export.
- If successful, Canada could export up to two million metric tonnes of ammonia annually starting late 2029, potentially opening new markets for Canadian products.
Prince Rupert-based Trigon Pacific Terminals has partnered with the Ulsan Free Economic Zone Authority (UFEZ) to export hydrogen-based ammonia from Canada to South Korea. The Memorandum of Understanding (MOU) signed in Seoul outlines the collaboration to develop receiving terminals in Ulsan, supporting the supply chain for Asian markets. Hydrogen-as-ammonia is highlighted as a promising low or carbon-free fuel that can be used for energy and transportation purposes. Trigon CEO Rob Booker expressed enthusiasm for strengthening ties between the two nations through this initiative. The UFEZ, a designated Korean Free Economic Zone, aims to enhance the business environment for foreign-invested companies. Trigon is actively working with industry partners to establish a west coast export corridor that will transport ammonia from British Columbia and Alberta to Prince Rupert for global export. Nicola Lambrechts from Trigon mentioned the potential for Canada to export two million metric tonnes of ammonia annually by late 2029, representing significant growth in the hydrogen sector and economic opportunities for Canadian producers.