NH3 Clean Energy Limited (ASX:NH3) (‘NH3’ or ‘the Company’) is delighted to advise that it has
signed a Memorandum of Understanding (‘MoU’) with the proposed Angel Carbon Capture and
Storage Project Joint Venture (‘Angel CCS JV’) operated by Woodside Energy Ltd (‘Woodside’).
HIGHLIGHTS
• The non-binding MoU outlines collaboration between NH3 and the proposed Angel CCS
Project regarding the provision of carbon capture and sequestration (‘CCS’) services to NH3’s
WAH2 clean ammonia project.
• Intent to execute a non-binding Heads of Agreement (‘HoA’) for the provision of CCS
services.
• WAH2 Phase 1 production of 650,000 TPA of clean ammonia is expected to require
sequestration of 900,000 TPA of CO2.
EXECUTIVE SUMMARY
The MoU further advances the collaboration that has been taking place between NH3 and Angel
CCS JV regarding the sequestration of CO2 from the WAH2 clean ammonia project. The Angel
CCS Project is a proposed offshore large-scale, multi-user CCS facility that would be located in
the Pilbara.
The MoU envisions the CO2 captured by the WAH2 Project would be compressed and
transported via a pipeline to the sequestration project for permanent storage underground
offshore.
The MoU contemp
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