(Point Tupper / Canada) – Green hydrogen and ammonia production and storage facility developer Everwind Fuels LLC has acquired NuStar Energy LP's storage terminal in the Canadian province of Nova Scotia. Location is Point Tupper on the Canso Strait near Port Hawkesbury. 
NuStar, based in the US state of Texas, puts the purchase price for the storage terminal at 60 million dollars (57 million euros). The acquisition was announced in February.
Everwind intends to expand the site, develop it for the domestic and export markets and establish a regional green hydrogen center. This also includes new production facilities for ammonia. This will “promote economic development in the region, attract billions of dollars in investment, create jobs and help Nova Scotia and Canada become global leaders in this exciting industry,” said Trent Vichie, CEO of Everwind Fuels.
Infrastructure as a location advantage
According to the information, green hydrogen will be produced in Point Tupper from 2025. The ice-free deep-water port (27 meters) with two berths is connected to the Canadian power grid, a rail loading station and a pipeline infrastructure to supply regional and national markets. The reservoirs hold 7,7 million barrels and there is plenty of fresh water in the immediate vicinity of the site.
Everwind has brought a number of partners on board for the first project phase. This includes the Canadian engineering service provider Hatch Ltd., which is responsible for the entire technical planning and the development of the approval procedures. The Norwegian Nel ASA was selected as a supplier for a 200 megawatt electrolysis plant. The US engineering and construction company KBR Inc. supplies the technology for producing green ammonia. In addition, CIBC Capital Markets and major bank Citi act as financial advisors.
Working with indigenous and local communities
As part of a phased development, Everwind Fuels intends to cooperate with offshore wind developers to further expand production over time. We will also work with the government, indigenous and local communities and companies.
According to Everwind, the project could reduce carbon emissions in Nova Scotia by over one million tonnes per year by 2025. The company is a subsidiary of TDL Partners, a developer of systems for the production and storage of green hydrogen and ammonia as well as the associated means of transport.
NuStar Energy LP claims to be one of the largest operators of liquid natural gas terminals and pipelines in the USA. The group has a pipeline network totaling more than 10.000 miles (16.000 kilometers) and 63 terminals and storage facilities for crude oil, refined products, renewable fuels, ammonia and specialty fluids. Total storage capacity in the US and Mexico is approximately 49 million barrels.
Photos
Point Tupper deep sea port. © NuStar Energy Canada Partnership Ltd. / Marinas.com, Inc.
Class schedule
Location of planned production in Nova Scotia. © Everwind Fuels Ltd.
