Global Infrastructure SherpaEquinor enters bio-methanol supply deal with Wallenius Wilhelmsen
Wallenius Wilhelmsen secured a multi-year bio-methanol supply agreement with Equinor to fuel its new deep-sea vessels. Equinor will source the renewable fuel from its Tjeldberg.
Counterparts (2)
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- Wallenius Wilhelmsen operates approximately 125 vessels, making it a significant off-taker for sustainable fuels.
- Supplies are set to commence in late 2026, providing a clear timeline for fuel transition.
- Bio-methanol will be supplied at the key European Ports of Zeebrugge and Antwerp in Belgium.
- Equinor's bio-methanol is produced from biomethane in the gas grid on a mass-balance basis.
Source Intelligence
Equinor’s supply of bio-methanol is based on a combination of methanol produced at Equinor’s facility at Tjeldbergodden, Norway, and biomethane certificates in accordance with the EU Renewable Energy Directive (RED). The methanol is produced from biomethane in the gas grid on a mass-balance basis. Quote: "Equinor’s supply of bio-methanol is based on a combination of methanol produced at Equinor’s facility at Tjeldbergodden, Norway, and biomethane certificates in accordance with the EU Renewable Energy Directive (RED). The methanol is produced from biomethane in the gas grid on a mass-balance basis."
"Norway-headed oil, gas, and energy major Equinor ASA has announced that it has entered into a two-year bio-methanol supply agreement with compatriot Wallenius Wilhelmsen ASA"
"Norway-headed oil, gas, and energy major Equinor ASA has announced that it has entered into a two-year bio-methanol supply agreement with compatriot Wallenius Wilhelmsen ASA"
Timeline
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