Cepsa and Evos to storage green methanol in Algeciras and Rotterdam

Spanish energy company Cepsa has signed an agreement with Evos, a liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam.

The agreement was signed last week at the Port of Amsterdam in the presence of the Dutch Minister for Climate and Energy Policy and Deputy Prime Minister Rob Jetten.

The partnership, which also provides for the storage of green ammonia at Evos’ facilities in Algeciras, facilitates the logistics for the transport of green hydrogen products between key strategic ports in Spain and the Netherlands.

Cepsa and Evos will also jointly study logistics for biofuels (e.g. Sustainable Aviation Fuel), renewable fuel from non-biological origin and hydrogen carriers, such as Liquid Organic Hydrogen Carriers (LOHCs) in other terminals of the Evos network in Northwest Europe, including Amsterdam.

According to Cepsa, by 2050 the demand for methanol could triple to some 300 million tons per year, with the majority being for green methanol.

Cepsa already has a partnership with the Port of Rotterdam to establish a green hydrogen corridor from the Port of Algeciras and also has agreements with ACE Terminal for the storage of green ammonia at the Port of Rotterdam and with Dutch company Gasunie that guarantees access to its green hydrogen transport network, which will connect with European industrial clusters in the Netherlands, Germany and Belgium as part of the Delta Corridor project.