Hazer Group and BOC agree term sheet for hydrogen offtake

Hazer Group and BOC agree term sheet for hydrogen offtake

Australian hydrogen producer Hazer Group has signed an offtake term sheet agreement with BOC for hydrogen produced at the Hazer Commercial Demonstration Project in Western Australia.

Under the agreement, BOC will be the offtaker for hydrogen produced at Hazer’s demonstration plant, which will be located at the Woodman Point Wastewater Treatment plant, and BOC will supply storage, logistics and refuelling services to deliver hydrogen to end users.

“We’re very pleased to have entered into this term sheet with BOC. We have been working with BOC and a range of other stakeholders to identify prospective users for the hydrogen from the Hazer Commercial Demonstration Project,” Geoff Ward, Managing Director and CEO of Hazer Group, said.

“We are very encouraged by the level of interest from government, public and private entities to deliver low-emission transport solutions in Australia.”

“With the release of the National Hydrogen Strategy and with the WA Renewable Hydrogen Strategy already in place, this collaboration positions the Hazer CDP as a key supplier to a future Hydrogen Hub to support transport applications in the region.”

“We look forward to working with BOC to develop a hydrogen refuelling hub in WA, and greatly appreciate the support and assistance of the BOC team in achieving this milestone.”

Vesna Olles, Director of Strategy and Business Development at BOC, said, “BOC is committed to collaborating with industry, government and academia to progress the development of Australia’s emerging hydrogen economy from production, right through to point of use.”

“We look forward to working with Hazer on the next phase of its unique hydrogen demonstration project and sharing our technical expertise to support the supply of hydrogen to Western Australian customers.”

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