Spanish oil company and shipping giant to develop €1bn green hydrogen-to-methanol project, the largest in Europe

Cepsa and C2X, majority-owned by Maersk parent company AP Moller, to build 300,000-tonne plant — combining green hydrogen with captured CO2 — in southern Spain

Cepsa CEO Maarten Wetselaar announcing the project launch at COP 28 in the presence of Spanish Prime Minister Pedro Sánchez and ecological transition minister Teresa Ribera.
Cepsa CEO Maarten Wetselaar announcing the project launch at COP 28 in the presence of Spanish Prime Minister Pedro Sánchez and ecological transition minister Teresa Ribera.Photo: Cepsa
Published 5 December 2023, 13:14Updated 5 December 2023, 13:14
ShippingMethanolGreen H2SpainEurope