Shell, Uniper ink European hydrogen pact

LNG giant Royal Dutch Shell and German energy firm Uniper are joining forces to explore accelerating the development of a hydrogen economy in Europe.

In that regard, Shell Gas & Power Developments and Uniper Hydrogen have signed a memorandum of understanding, according to a joint statement on Tuesday.

Under the memorandum, the duo aims to find joint opportunities to couple industrial but also mobility demand with hydrogen supply, production and storage.

The companies will begin by assessing the opportunity to develop potential synergies to accelerate existing projects in Germany, the Netherlands and potentially other European countries.

“Taking a full value chain approach Shell and Uniper will work backwards from customer demand to identify key opportunities to develop the foundation of a new hydrogen economy in Europe,” the statement said.

Moreover, the two firms will work on the necessary infrastructure for large scale transport of hydrogen and CO2 from the ports of Rotterdam and Wilhelmshaven to North Rhine Westphalia – the industrial heartland of Germany.

One of the projects includes Shell’s Rheinland energy and chemicals park. The firm has recently opened a 10MW PEM electrolyser, the largest of its kind in Europe.

In addition, Uniper will further explore the supply of hydrogen from the existing Uniper production sites at Rotterdam and Wilhelmshaven to the Shell energy and chemicals park Rheinland locations at Wesseling and Godorf.

Also, Uniper, a unit of Finland’s Fortum, intends to connect its power plant in Gelsenkirchen Scholven as well as some large-scale customers with its coastal hydrogen production plants.

“The MoU reflects Shell’s Powering Progress strategy and target to reach net zero emissions by 2050, in step with society, and will support Uniper’s ambition to become carbon-neutral in Europe by 2035,” the statement said.

Most Popular

Venture Global’s CP2 LNG to start mobilization and site preparation

Venture Global LNG's CP2 LNG has received approval from the US FERC to start mobilization and other limited activities for the LNG project in Louisiana.

Prime Infra to buy 60 percent stake in First Gen’s Batangas LNG terminal

First Gen has entered into a deal with Prime Infrastructure Capital under which the latter will acquire a 60 percent equity stake in First Gen's gas business in the Philippines, including the Batanagas LNG terminal.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

More News Like This

Shell shareholders re-elect CEO Wael Sawan

Wael Sawan will continue to lead London-based LNG giant Shell following shareholder voting at the company's annual general meeting on Tuesday.

Singapore’s FueLNG wraps up 400th STS bunkering operation

Singapore’s FueLNG, a joint venture consisting of Shell and Seatrium, has completed its 400th ship-to-ship (STS) LNG bunkering operation. FuelLNG delivered LNG to BYD Shenzen, which is said to be the world’s largest LNG-fueled car carrier.

Peru LNG terminal shipped three cargoes in April

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped three liquefied natural gas cargoes in April due to restrictions on the transportation system, according to operator Hunt Oil.

CFO: Shell on track to ship first LNG Canada cargo in middle of 2025

LNG giant Shell remains on track to deliver the first liquefied natural gas cargo from its LNG Canada export terminal in Kitimat in the middle of this year, according to Shell's finance chief, Sinead Gorman.