AFE signs MoU with Itochu Corp for the Gladstone Energy and Ammonia Project

Australian Future Energy (AFE) has signed a Memorandum of Understanding (MOU) with ITOCHU Corporation (ITOCHU) for the development of the Gladstone Energy and Ammonia Project (GEAP). 

The AUD1 billion (US$755.62 million) Gladstone Energy and Ammonia Project (GEAP) involves the conversion of 1.5 million tonnes per annum of coal to produce up to 330,000 tonnes of ammonia per annum, six to eight petajoules of synthetic natural gas per annum, and up to 96 MW of electrical power generated from waste gas and heat. This ammonia and synthetic natural gas will then be used by major industrial users, including those focusing on agriculture, the mining industry, and advanced manufacturing.

GEAP is now close to commencing its Front End Engineering Design (FEED) study for the commercial production of low carbon energy alternatives as soon as 2024.

Using both Green and Blue Hydrogen technology, the integrated GEAP facility will utilize a proven gasification process to produce ammonia, synthetic natural gas, and ultimately electrical power. Blue Hydrogen strikes a middle ground between traditional hydrogen production and pure green hydrogen methods, delivering clean hydrogen and ammonia at scale and reliability.