Essar Oil UK signs offtake agreement with Vertex Hydrogen
Essar Oil UK Limited (Essar) and Vertex Hydrogen (Vertex) have signed a “Heads of Terms” offtake agreement for the supply of 280MW+ of hydrogen. The hydrogen will then be used to help decarbonise Essar’s existing production facilities including the new hydrogen powered furnace which was delivered in August 2022. Vertex is developing the first large scale, low carbon hydrogen production hub in the UK.
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