Azane Fuel Solutions prepares for infrastructure investments
Azane establishes bunkering infrastructure subsidiary to provide clean ammonia as shipping fuel.
Steinar Kostøl, CEO, Azane Fuel Solutions
Azane Fuel Solutions was founded in 2021 to provide end-to-end ammonia fuel solutions by developing, owning and operating infrastructure required to make ammonia available as a maritime fuel. From project and technology development to fuel supply, Azane will ensure safe, reliable and cost-efficient ammonia fuel for the maritime industry.
The company is getting ready to realize the first infrastructure investments and is therefore organizing itself in two entities:
Azane Fuel Solutions: Delivers turn-key ammonia fuel handling and bunkering technology solutions
Azane Infrastructure: Supplies ammonia as fuel through building, owning and operating the necessary infrastructure
Azane Infrastructure is currently developing several ammonia bunkering infrastructure projects in Norway with strong backing from Enova, local governments, port owners, ammonia producers, and other stakeholders.
Azane is setting up a complete value chain for delivery of clean ammonia as a maritime fuel through small scale bunkering terminals and by using trucks and vessels. Working at the forefront of the nascent ammonia fuel value chain, Azane benefits from a close cooperation with well-established partners, and with its owners Yara Growth Ventures, Navigator Gas, ECOnnect Energy and Amon Maritime, to provide fuel for the first ammonia-powered ships.
“We expect Azane to become a major bunkering infrastructure owner in Scandinavia over the next couple of years, as ammonia-fuelled vessels are being delivered. Please reach out to explore how we can collaborate to make shipping carbon free with ammonia!” — Steinar Kostøl, CEO of Azane
About Azane Fuel Solutions
Azane Fuel Solutions enables ammonia as marine fuel. We contribute to decarbonizing the shipping industry by developing, delivering and owning tailored ammonia bunkering solutions and technology for ammonia fuel handling. Our company has developed ground-breaking patented technology to deliver safe, reliable, and cost-efficient ammonia bunkering, also suitable for ammonia fuel handling systems. Azane has the most mature ammonia bunkering infrastructure projects in Norway, and the only with safety approval from the regulatory authorities.
Headquartered in Oslo and Sandefjord, Norway and owned by industry leaders covering t
Contact for more information:
Steinar Kostøl, CEO
Email: sk@azanefs.com
Mobile: +47 97 00 53 27
Website: www.azanefs.com