Nabil Katabi, whose parents are of Syrian descent, was born 52 years ago and lives most of his time in Paris. He specialized in France and the United States in Finance but he ended up in the oil industry. When it provided services to French company Total, which has offshore operations in Tierra del Fuego, it suffered wind in the Rio Grande area and has since The idea that finally came to light began to grow: to produce green hydrogen in that area suitable for wind energy.

So, he convinced the American MMEX Resources Corporation, that listed on the New York Stock Exchange, for a mega project that needs new energy for shock in energy prices causing Russia’s invasion of Ukraine.

It quickly brought in Siemens as a partner, with some 4,000 acres for a 20-year lease and build a wind farm there essential to generate energy in the process of producing hydrogen. And yesterday, together with the government of Tierra del Fuego, it announced the investment of 500 million dollars for the construction of that wind farm of up to 300 MW, starting at 160 MW, and a electrolysis plant that will allow to get more than 55 tons of green hydrogen per day, in the Río Grande.

“The goal is to build an ammonia or methanol conversion unit of 300 tonnes per day in international exports, to be carried out through our own maritime cargo infrastructure, ”Katabi said Clarion.

The ambitious project will become a reality in a year. The funds, according to Katabi, will come from financing from German banks, the CAF and the IDB. And the guarantee of credits is provided by the contracts of long -term supply of green hydrogen.

This trendy fuel has not been produced in large quantities and the price is unknown, though Adjacent risks advancing to US $ 6 per kilogram.

Siemens Energy, a leader in the manufacture of electrolysis equipment. give them. Its subsidiary Siemens Gamesa is conducting the studies. After this stage, which can last from 90 to 120 days, “it is possible to define, with greater precision, the number of hectares required for wind energy generation project seeks “Katabi added.

The installation of this plant is thought because it allows connection to the Pacific and the Atlantic, and its potential access to different markets.

This is the second green hydrogen project from renewable wind energy in Argentina. The other one, governs the capitals of Australia and larger is in the province of Río Negro.

The plant predicts the generation of 1,500 jobs during construction and up to 300 permanent jobs at the operational stage.

A key aspect is the environmental impact due to migratory currents of birds. Also, by using hydraulic resources. Jack Hanks, President of MMEX said they are also focused on the need to reduce the planet’s carbon footprint. “That’s the core of Tierra del Fuego’s strategy,” he said.

Green hydrogen is produced by water electrolysis, which separates hydrogen from oxygen, using clean energy sources such as solar, wind or hydroelectric electricity.

MMEX originated in 1989 in Texas and has business in Peru with thermoelectric plants, oil and gas pipelines, oil refineries and ethanol plants. It also explored and operated oil and gas fields.