Uniper SE and Titan LNG have signed a Memorandum of Understanding (MOU) with a plan to develop a user-friendly technical interface and commercial products for small-scale LNG players from the Wilhelmshaven Floating Storage and Regasification Unit (FSRU) for LNG.
The MOU will see the companies focus on accelerating the growth of Liquified Natural Gas (LNG) as a fuel in the downstream markets for industry, road fuel and shipping fuel in Germany and follows December’s announcement that Uniper SE and Mitsui O.S.K. Lines, Ltd will build a FSRU at Uniper’s Port of Wilhelmshaven site, which could be in operation as early as the second half of 2022.
Keith Martin, member of the executive board and chief commercial officer of Uniper SE, said: "The agreement with an experienced and established market player in the small-scale LNG sector such as Titan LNG is another important step for the FSRU Wilhelmshaven project. Titan LNG has extensive know-how in the development of attractive products for customers in this segment.
“With Wilhelmshaven, we offer a first-class location for supplying the shipping and road fuel markets with LNG. With this cooperation, the FSRU Wilhelmshaven project can make an important contribution to reducing CO2 and pollutant emissions.”
The FSRU will have a natural gas send-out capacity of 10 billion cubic metres per year and an LNG storage capacity of more than 263,000 cubic metres. It will enable the loading of small LNG seagoing vessels and barges. In addition, several truck loading bays are planned to enable the onward transport of LNG by road.
MOL will own, finance and operate the FSRU. Uniper is currently coordinating the permits for the operation of the facility with the relevant authorities.
