Hy5 – Great milestone achieved: offtake term-sheet signed
We are pleased to announce the signing of a comprehensive term sheet for the offtake of up to 50% of the production from our Musel GreenMet project, at an agreed and mutually acceptable price range.
This is a significant milestone for our company and for the e‑methanol sector. The market is clearly moving from initial expressions of interest toward more substantial commercial commitments — admittedly at a slower pace than many anticipated, but steadily and with increasing depth.
This progress reflects the strong fundamentals behind Hy5’s development strategy. By locating our projects in major port areas, we can leverage synergies with established infrastructure operators, enhance cost competitiveness, and ensure efficient downstream logistics. These elements strengthen the economic resilience of our project pipeline and allow us to continue advancing with confidence.
At the same time, the regulatory momentum across Europe is unmistakable. With RED III, FuelEU Maritime and ReFuelEU Aviation, the shift toward renewable fuels — including e‑methanol and methanol‑to‑jet SAF — is no longer a question of “if”, but “when”.
Yet one crucial point remains underestimated by many market participants:
When demand becomes fully activated, alternative fuels will be structurally scarce.
• The pipeline of credible, large‑scale projects is limited.
• Development cycles are long, capital‑intensive, and subject to high technical scrutiny.
• Not all projects announced today will reach final investment decision — let alone deliver molecules at scale before 2030.
As highlighted recently by several industry voices — including major shipowners and downstream users — those waiting for “perfect certainty” risk finding themselves in a market where availability, not price, becomes the defining constraint.
For maritime and aviation players facing fast‑approaching compliance milestones, securing access early to robust e‑fuel supply is rapidly becoming a strategic necessity.
The term sheet we have signed is a clear example of how forward‑looking partners are already positioning themselves.
There is more to come.
And we welcome additional offtakers who understand that the right moment to engage is now, not once the market tightens.
READ the latest news shaping the hydrogen market at Hydrogen Central
Hy5 – Great milestone achieved: offtake term-sheet signed, source
