Uniper groups up with NewMed to convey LNG from Israel to Europe

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Germany’s Uniper has partnered with Israeli agency NewMed Power to discover potential quick and long-term collaboration to convey LNG to Europe from Israel in addition to produce blue and inexperienced hydrogen.

Beneath the non-binding memorandum of understanding (MOU), the 2 corporations will work on pure fuel provide from Israel to Germany within the instant time period.

As a part of this effort, the events will use present manufacturing and transmission infrastructure in line with the transmission pipeline availability between Israel and Egypt, the place the pure fuel will likely be transferred to LNG services, and from there it is going to be equipped to Germany.

Uniper and NewMed can even assess the feasibility of LNG deliveries from the Leviathan reservoir within the jap Mediterranean Sea space off the coast of Israel, to Uniper.

For this, Uniper would require enlargement of the Leviathan infrastructure (Part 1B), in addition to fuel liquefaction at one of many present services in Egypt or at a new-build unbiased floating liquefaction facility in Israel.

NewMed Power CEO Yossi Abu: “For the foreseeable future, pure fuel would be the most vital vitality supply on the planet. NewMed Power is constant to advertise its worldwide exercise. Leviathan is an vitality anchor within the Center East, supplying vitality to Israel and different nations within the area, whereas additionally with the ability to assist in the vitality disaster in Europe.”

Moreover, Uniper and NewMed will contemplate potential collaboration for blue hydrogen and inexperienced hydrogen in addition to its transportation from Israel to Europe.

Uniper CCO Niek den Hollander stated: “This collaboration with NewMed Power suits our technique of diversifying our fuel provide sources and paving the way in which to a decarbonised world. Sourcing pure fuel from offshore Israel has the potential to extend the safety of provide for Germany.”



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