• 18 Jan 2019

Uniper SE and the Dutch Titan LNG signed a Memorandum of Understanding to accelerate the growth of Liquified Natural Gas (LNG) as a fuel in the downstream markets for industry, road fuel and shipping fuel in Germany.

The two companies are planning to develop a user-friendly technical interface and commercial products for small-scale LNG players from the Floating Storage and Regasification Unit (FSRU) for LNG that Uniper is currently developing at its Wilhelmshaven site.

The FSRU, that will have a natural gas send-out capacity of 10 billion cubic meters per year and an LNG storage capacity of more than 263,000 cm, is scheduled to go into operation in the second half of 2022. Wilhelmshaven is the only German site with a deep-water port and can be reached without tidal constraint and considered  its proximity to the Jade Weser Port, Bremerhaven and the German Bight, is well placed to give an important impulse for  the use of  LNG in all downstream markets in Germany, in particular as maritime fuel and truck fuel,, where several LNG filling stations are currently under construction. 

Keith Martin, Member of the Executive Board and Chief Commercial Officer of Uniper SE: "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. With Wilhelmshaven, we offer a first-class location for supplying the shipping and road fuel markets with LNG, contributing  to reduce CO2 and pollutant emissions".

Niels den Nijs, Chief Executive Officer of Titan LNG: "Titan LNG is pleased that, with the know-how we have built up over the last six years, we can contribute to this project for the LNG downstream market. We believe that the short distances to the markets will help to boost LNG as a fuel, with its economic and environmental advantages for our existing and future customers.."

Source: Uniper