Aker Horizons and VNG sign letter of intent to supply green ammonia from Norway to Germany
Aker Horizons ASA (OSE: "AKH"), a developer of green energy and industry, has signed a letter of intent (LOI) with the German gas group VNG to supply green ammonia from Narvik, Northern Norway.VNG intends to procure up to 200,000 tonnes of green ammonia per year from Aker Horizons’ large-scale green industrial hub under development in Narvik as of 2028. The green ammonia will be shipped from Narvik to terminals in Germany, where VNG will distribute it further as ammonia or hydrogen to its customers, who will use it to decarbonize their operations. The LOI is a first step towards a firm