Argus Clean Ammonia India, Middle East & Africa Conference

Registration open and morning coffee

CEO roundtable: Highlighting opportunities for cross-regional collaboration

Argus welcome and chairperson’s opening remarks

Speakers Include:

Andrea Valentini

VP - Business Development Ammonia

Argus

Abu Dhabi low-carbon hydrogen policy: Championing climate action and what this means for clean ammonia market development

• How has the focus shifted on to domestic applications of low-carbon hydrogen and ammonia?
• Hydrogen policy in the UAE: What does this mean for ammonia?
• Addressing the issue of offtake: Why is government-to-government collaboration particularly important to move the dial?

Ta’ziz case study: How are key companies partnering to development low-carbon ecosystems in UAE

• Ta’ziz terminal: How the UAE sees this whole ecosystem – chemical ecosystem as anchor plants for methanol and ammonia?
• Why are clusters such as Ta’ziz important for encouraging market development?
• How are key companies partnering?

Saudi Arabia: Unlocking clean energy supply in the form of clean hydrogen and ammonia

- How is the Kingdom positioning itself as a leading supplier of clean energy in the form of clean hydrogen and ammonia?
- Why is partnership important in the transition to clean energy?

Coffee break

India’s regulatory regime: What’s the plan? What’s the structure?

- Indian government policies for green ammonia: What is the subsidy plan? A model for other countries?
- Major demand in country: How is the tender for green ammonia for domestic fertilizer production going to work?
- Will Indian developers export when there is a clear domestic market?

Speakers Include:

Nishaanth Balashanmugam

Country Manager, India

The Green Hydrogen Organisation

Africa panel: What are the different regulatory models being used on the continent?

• Overview of the continent: What are the bright spots?
• Who are the leaders in developing regulatory incentives for hydrogen and ammonia production? Examples from across the continent: What is working well?
• What are different end-use market opportunities for countries across the continent using ammonia?
• How are governments approaching the challenge of avoiding the mistakes of extractive industry?

Target market perspectives: How are Japan and South Korea looking to invest in the supply chain around the IMEA region?

- Latest update on South Korea CHPS and Japan tender rounds: What do these mean for Middle East, Africa and India project developers?
- What are the policy updates from Japan and South Korea? Have there been any changes in their procurement needs?
- How are Japan and South Korea investing in the value chain for ammonia production in the IMEA region? What has been done so far and what more is needed?

Speakers Include:

John Kwon

General Manager

Lotte Fine Chemical

Lunch

Closed-door Indian clean ammonia procurement forum

India has been a bright spot in the market for clean ammonia in the past year, with a variety of offtake agreements having been signed between key developers and offtakers. But where to next? The government is signalling strong support for green hydrogen applications in the fertilizer and refinery sectors, so what does this mean for project developers in the country and beyond? Who will satisfy demand in the tenders and what does this mean for European offtakers?

Open to project developers from across the IMEA region, government entities, fertilizer and refiner industry players, overseas buyers procuring clean ammonia, and any other interested parties. Join the closed-door discussion to gain insights from industry colleagues on how they are shaping their strategy and business plans to ensure the success of projects in the long term.

Chairperson’s opening remarks

Speakers Include:

Andrea Valentini

VP - Business Development Ammonia

Argus

Carbon and CCS: Why is the Middle East the most competitive for supplying blue molecules?

- SMR vs ATR: What are the cost savings vs percentage of carbon capture?
- Storage and supply: Availability is there, but how much does carbon abatement actually cost?
- When will the price of blue cross over with green, and what needs to be done? What does this mean for green producers?

CBAM: What do IMEA producers need to know?

- CBAM and ammonia explainer: What IMEA producers need to know about the latest regulations
- How do financing mechanisms need to be aligned with CBAM to fetch the desired green premium?
- Does CBAM only measure production? How do we account for shipping and freight?

Coffee break

Panel on financing and bankability: What are the different pools of liquidity available for projects in IMEA?

- How are hydrogen and derivative projects competing for liquidity with other projects (including renewables (wind, solar, battery), data centres and digital infrastructure)?
- What are the different liquidity pools available to project developers, and who are the right players to approach?
- How are intra-regional investments taking place for hydrogen? Why is this important?

Speakers Include:

Syed Arsal Ahmed

Senior Vice President

HSBC Infrastructure Finance

Andrea Valentini

VP - Business Development Ammonia

Argus

Building a successful hydrogen and ammonia ecosystem: How has Oman set the blueprint for other IMEA countries?

Case study for project structuring
- How has Oman structured its hydrogen procurement activities? What is its recipe for success?
- Why are Omani projects at the right stage of lifecycle discussions? What next for these projects?
- How could this be replicated to ensure a financial close on winning projects across the region?

Strategies for reducing the cost of capital to make clean products competitive in Namibia

The cost of capital underpins all that project developers do. It speaks to the current price projections of clean ammonia, and if you compare it with grey ammonia, it is not feasible in the current market environment.
- How to counteract the challenges of financing projects in the current environment? Namibia SDG Fund
- Development fund – construction fund – operational fund: How to move a project through the pipeline
- How does the scheme work? What have been the key learning points?

End of conference day 1 main conference

Evening reception

Registration open and morning coffee

Buyers and sellers roundtable and speed-networking breakfast

Argus Clean Ammonia conferences are a key meeting point for players involved in the clean ammonia market. One of the keys to the success of projects is to secure successful offtake agreements. As more projects near FID, and the market gains more momentum, it is critical for us to bring together key buyers and sellers of clean ammonia to discuss future opportunities and identify potential target markets. Structured around key offtake markets, expect to see the roundtable focusing on key offtake markets, including:

1. Chemical and industrial clusters in the UAE
2. Fertilizers: Decarbonising global food chains
3. Shipping and maritime: Shipowners, brokers and charterers
4. Power generation in Asia: Singapore, Japan and South Korea
5. Steel and iron ore: Middle East and Africa
6. Refineries: India

Join this breakfast roundtable session to make the most of networking at the Argus Clean Ammonia India, Middle East and Africa Conference. Meet with industry players and cross-sector peers, and identify opportunities across regions and markets.

Chairperson’s opening remarks

Speakers Include:

Tim Cheyne

SVP - Global Head of Agriculture, Fertilizers, Ammonia, DEF

Argus

Maritime sector industry keynote address

Speakers Include:

Navid Ostadian-Binai

Head of Green Vessels and Fuels

Maersk Tankers

A question of offtake: What are offtakers themselves looking for, and what is their view on the market? Cross-sector perspectives

- How have different players in the value chain been pushed to become involved in ammonia offtake? Why has ammonia been selected as the carrier/derivative of choice?
- What sectors have championed agreements for clean ammonia offtake in IMEA countries, and what is their reasoning?
- What is India’s recipe for success in securing offtake agreements? What are the key learning points?

Speakers Include:

Navid Ostadian-Binai

Head of Green Vessels and Fuels

Maersk Tankers

Vibeke Rasmussen

SVP Product Management and Certification & President

Yara Clean Ammonia & Ammonia Energy Association

Mirjam Peters

Chief Customer Sustainability Officer

Hoegh

Tim Cheyne

SVP - Global Head of Agriculture, Fertilizers, Ammonia, DEF

Argus

Fertiglobe & HintCo: Why is the Fertiglobe tender win such an important step for the industry?

Winning the European tender for green ammonia – case study
- Can this be replicated to galvanise the industry and provide confidence for further projects to reach FID in the IMEA region?
- What is HintCo/H2Global? What is its purpose and role? Is HintCo a growing model to be followed?
- How is HintCo working with the market to create a ‘green market maker’? Why is collaboration with governments in the EU and international contexts important?

Argus session - Pricing structures and ideas: Putting assumptions to the test

- Current market share of blue and green ammonia: Where next?
- What markets are willing to pay the green premium: Europe, South Korea and Japan?
- Tracking ammonia pricing: How to make low-carbon ammonia competitive against fossil fuel incumbents
- Structuring commercial agreements for clean ammonia: What have we learned so far?

Speakers Include:

Andrea Valentini

VP - Business Development Ammonia

Argus

Coffee break

What role are IMEA ports playing in facilitating the adoption of future fuels in the global shipping industry?

- How is the maritime sector looking at future fuels in the region? How could IMEA position itself? Is the Middle East at an advantage?
- Scaling up ammonia production and creating bunkering hubs for marine transport
- What role are ports across IMEA playing in developing the infrastructure for facilitating the adoption of future fuels?
- How is IMO regulation adding pressure to the region to decarbonise?
• Case study: Port infrastructure development in Oman: How Is existing infrastructure being adapted?

How will ammonia get to its end-market from the IMEA region?

- Where are the key entry points to Europe going to be?
- What are the main developments in ammonia cracking globally? What does this mean for the end-consumer?
- How far will clean molecules have to travel? Who is in the most competitive position to serve different end-user markets?

Speakers Include:

Harish Jayaram

Vice President, Business Development

Hygenco Green Energies

Lisa Maria Assmann

Senior Shipbroker

Steem1960 Shipbrokers

Vibeke Rasmussen

SVP Product Management and Certification & President

Yara Clean Ammonia & Ammonia Energy Association

Ruth Sharpe

Editor - Ammonia

Argus

Lunch

Closed-door financing African ammonia projects forum

• What is the global financial world doing to make it feasible for people to buy or offtake green ammonia? Why is this an important starting point for African projects?
• How are global actors such as the IFC, EIB and World Bank providing subsidies to kick-start progress? How can African projects gain access?
• What financing pools are available for projects? Who is providing financing at different stages, and how can we keep up the momentum?

Join this one-hour financing forum focused on African hydrogen and ammonia projects. With its abundance of renewable energy sources, Africa has great potential for contributing to the volumes of clean hydrogen and ammonia needed to decarbonise the world. But financing has been a major barrier to success. Join this roundtable for a discussion on how to unlock capital for African countries to get projects built and add benefit to local economies.

Open to project developers for hydrogen and ammonia, ammonia producers, banking and finance institutions, including export credit agencies, government entities and commercial-scale banks. Any other interested parties are welcome to contact conferences@argusmedia.com to register interest.

Conference ends