Uniper, Provaris, and Norwegian Hydrogen sign term sheet for large-scale hydrogen supply

Norwegian Hydrogen, in partnership with Provaris Energy, has signed a conditional term sheet with Uniper Global Commodities for the supply, transport, and offtake of RFNBO-certified hydrogen.

The agreement outlines the delivery of 42,500 tonnes per year of green hydrogen, transported via Provaris’s H2Neo compressed hydrogen carriers. Deliveries could begin in early 2029 and will extend for a minimum of 10 years, establishing Europe’s first large-scale regional hydrogen marine transport project.

The green hydrogen, sourced from renewable energy, will connect key Nordic production hubs to northwestern Europe. Uniper will oversee the development of the receiving terminal, enabling integration into Europe’s hydrogen network.

The collaboration builds on the Memorandum of Understanding signed in August 2024, with negotiations for a binding Hydrogen Sale and Purchase Agreement (SPA) targeted for conclusion by June 2025.

Jens Berge, CEO of Norwegian Hydrogen, commented: “This tri-party collaboration is a significant step forward for clean energy solutions. It highlights our potential to lead the way in sustainable hydrogen production and export.”

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