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Port of Immingham
UK Derivatives and products
Stuart Penson
18 June 2025
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Letter on hydrogen: Cracking the ammonia code

UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project

US industrial gases major Air Products has shelved a £2b ($2.7b) green energy import project at the UK’s northeastern port of Immingham, citing a lack of government support. The project would have included capacity to crack imported green ammonia back to hydrogen for local consumption. On one level, the move is not entirely surprising, given the strategy update given in May by recently installed CEO, Eduardo F. Menezes. “We will delay investing in downstream facilities in Europe until specific regulatory frameworks are clear for each country and we have firm customer commitments,” he told investors. $2.7b – Project cost However, the policy backdrop in the UK raises deeper questions a

Also in this section
Hydrogen is ready to scale in the UK
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
Letter on hydrogen: Global risk
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
Momentum behind hydrogen and ammonia falters
25 February 2026
Low-carbon hydrogen and ammonia development is advancing much more slowly and unevenly than once expected, with high costs and policy uncertainty thinning investment. Meanwhile, surging energy demand is reinforcing the role of natural gas and LNG as the backbone of the global energy system, panellists at LNG2026 said
Letter on hydrogen: Equinor’s low-carbon retreat
18 February 2026
Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise

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