SummarySummary Companies Plant to supply 1.2-1.4 mln tonnes of ammonia per yearYara attracted by low US gas prices, carbon capture costProduction start up set for 2027-28OSLO, March 31 (Reuters) - Norwegian fertiliser maker Yara (YAR.OL) and Canadian pipeline company Enbridge (ENB.TO) plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. Blue ammonia, rather than green ammonia derived from renewable energy, refers to ammonia produced from natural gas, with the carbon dioxide (CO2) byproduct captured and stored. The plant will supply 1.2 million to 1.4 million tonnes of low-carbon ammonia per year. High gas prices in Europe have made the case to build in the U.S. stronger, Ankarstrand said. Many similar facilities are in development and demand for low-carbon ammonia looks strong, said Vince Paradis, Enbridge's vice president of business development.

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