Provaris Energy Expands Hydrogen Supply Chain from Norway to Germany
Key Ideas
  • Provaris Energy signs second non-binding MoU for hydrogen supply from Norway to Germany.
  • Partnership involves Provaris Energy, Uniper Global Commodities, and Norwegian Hydrogen.
  • Quantum Commodity Intelligence offers a subscription service for professionals in various energy markets.
  • Subscribers to Quantum Hydrogen service receive daily price assessments, market news, and fundamental trade data.
Provaris Energy has further strengthened its hydrogen supply chain by entering into a second non-binding Memorandum of Understanding (MoU) for hydrogen supply from Norway to Germany. This collaboration involves Provaris Energy, Uniper Global Commodities, and Norwegian Hydrogen, aiming to enhance hydrogen trade between the two countries. The recent announcement follows the signing of a conditional term sheet between the same parties earlier this year. The expansion of the hydrogen supply chain is a significant step towards promoting green energy and reducing carbon emissions in the region. Additionally, Quantum Commodity Intelligence provides a premium subscription service tailored for professionals in the oil, biofuels, carbon, ammonia, and hydrogen markets. Subscribers to the Quantum Hydrogen service gain access to daily price assessments, market news, price commentary, and fundamental trade data. The Quantum Hydrogen Daily report is also sent to subscribers via email, ensuring they stay informed about market trends and developments. Overall, the partnership between Provaris Energy and its counterparts, coupled with the market insights provided by Quantum Commodity Intelligence, highlights the growing importance of hydrogen in the energy transition and sustainable development efforts.
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