Provaris Energy, Uniper Global Commodities and Norwegian Hydrogen have signed a conditional Term Sheet, paving the way for the supply of hydrogen from the Nordics to north-western Europe.
Under the agreed terms, an annual volume of 42,500 tonnes per year of renewable fuels of non-biological origin (RFNBO)-certified hydrogen will be delivered using Provaris’ H2Neo carriers.
German firm Uniper will buy the hydrogen, produced by Norwegian Hydrogen in Norway, at an agreed fixed price after signing a non-binding Memorandum of Understanding (MOU) last August.
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