📡 Live on Telegram · Morning Barrel, price alerts & breaking energy news — free. Join @OilMarketCapHQ →
LIVE
BRENT CRUDE $95.95 +0.97 (+1.02%) WTI CRUDE $93.51 +1.35 (+1.46%) NAT GAS $3.16 -0.02 (-0.63%) GASOLINE $3.15 +0.07 (+2.27%) HEAT OIL $3.71 +0.07 (+1.92%) MICRO WTI $93.52 +1.36 (+1.48%) TTF GAS $47.55 -1.54 (-3.14%) E-MINI CRUDE $93.53 +1.38 (+1.5%) PALLADIUM $1,390.00 +7.4 (+0.54%) PLATINUM $1,940.20 +11.8 (+0.61%) BRENT CRUDE $95.95 +0.97 (+1.02%) WTI CRUDE $93.51 +1.35 (+1.46%) NAT GAS $3.16 -0.02 (-0.63%) GASOLINE $3.15 +0.07 (+2.27%) HEAT OIL $3.71 +0.07 (+1.92%) MICRO WTI $93.52 +1.36 (+1.48%) TTF GAS $47.55 -1.54 (-3.14%) E-MINI CRUDE $93.53 +1.38 (+1.5%) PALLADIUM $1,390.00 +7.4 (+0.54%) PLATINUM $1,940.20 +11.8 (+0.61%)
Hydrogen & LNG

Trafigura, a market leader in the global commodities industry, today


Trafigura, a market leader in the global commodities industry, today announces that its wholly-owned subsidiary, MorGen Energy, has approved the final investment decision (FID) to begin construction of a 20MW1 green hydrogen production facility in Milford Haven, Wales. The West Wales Hydrogen project is among the first projects supported by the UK Government’s flagship hydrogen allocation round (HAR1) to achieve FID.

With construction expected to begin in 2026 and commissioning by early 2028, the West Wales Hydrogen plant is set to produce approximately 2,000 tonnes per annum of low-carbon hydrogen, compliant with the UK’s Low Carbon Hydrogen Standard. The hydrogen will be used across a broad range of applications, including port decarbonisation, industrial heating, manufacturing and chemical feedstock.

Located on the site of a former oil refinery in the Celtic Freeport, the project is expected to support the creation of highly skilled jobs and engagement of local contractors throughout the construction phase. The facility has the capacity to scale in subsequent phases as demand evolves, and is positioned to become a future hydrogen hub, supporting industrial decarbonisation across south Wales.

Click here to read more



Source link

OilMarketCap provides market data and news for informational purposes only. Nothing on this site constitutes financial, investment, or trading advice. Always consult a qualified professional before making investment decisions.