Joint Press Release
18th December 2018

Uniper SE and Mitsui O.S.K. Lines enter into agreement on FSRU project inWilhelmshaven, Germany, and one additional LNG transportation agreement

Uniper SE and Mitsui O.S.K. Lines, Ltd. have reached an agreement to continue and intensify their efforts
to implement a FSRU (Floating Storage and Regasification Unit) at Uniper site in Wilhelmshaven, Germany.
The FSRU has a planned send-out capacity of 10 bcm/a and a LNG storage capacity of 263,000 m³. The
facility could be in operation as early as the second half of 2022. The project benefits from the existing sitein Wilhelmshaven where required infrastructure is already in place. Wilhelmshaven is the only German
deep-water port and can be reached without any tidal constraints. In addition, Wilhelmshaven is well closely
located to the existing pipeline and gas storage infrastructure.
In the project, Mitsui O.S.K. Lines has intention to own, operate and finance the FSRU. Uniper as project
developer will continue to work closely with the relevant authorities to receive the permits for the operationof the facility and to gather interest for regasification capacity from additional market participants.
The FSRU technology is commonly used in the LNG industry. Compared to an on-shore facility a FSRU canbe built cheaper and faster. Risks arising during the construction period are reduced. The FSRU will be
designed to allow for the loading of small scale barges to enable the use of LNG as marine fuel. Further,
onward transportation of LNG on trucks will be possible.
Keith Martin, Chief Commercial Officer of Uniper SE, stated: “We are glad that we were able to get suchan experienced partner as Mitsui O.S.K. Lines on board for the development of Germany’s first LNG
terminal. Our partnership with MOL combined with the FSRU technology as well as Wilhelmshaven’s
uniqueness in Germany, provide the fastest and most economical way to realise LNG imports directly intoGermany. This will also be to the benefit of the end-customers.”
Takeshi Hashimoto, Senior Managing Executive Officer of MOL, stated “We continue to support Uniper
through our existing strong relationship and cooperation to secure Germany’s first LNG terminal inWilhelmshaven.”
A LNG terminal in Germany, especially with the planed large regasification capacity in Wilhelmshaven,would decisively strengthen the security of gas supply in Germany and increase competition to the benefitof end customers. This is because it enables large quantities of gas to be procured from the global LNG
market and thus serves to diversify gas supplies, which is also being pursued at the political level inGermany and Europe.
In addition to the agreement in respect of the FSRU Wilhelmshaven, Uniper and MOL entered into a bindingtransportation agreement. Under the agreement MOL will provide Uniper with shipping capacity equivalent
to a 180,000 m³ LNG carrier. The agreement will commence in December 2020. Uniper intends to use theadditional shipping capacity to optimize LNG volumes sourced from Freeport, U.S., and to further leverage
its expanding LNG trading activities. Already in 2015 Uniper contracted approx. 0.9 mtpa of US LNG
exports. The supply contract has a duration of 20 years.

1About Uniper SE
Uniper is a leading international energy company with operations in more than 40 countries and some
12,000 employees. It focuses on the safe delivery of energy and related services. Its primary activities
include electricity generation in Europe and Russia as well as global energy trading. Uniper operates gas
storage facilities in Germany, Austria, and the UK, and plays an important role in the safe and flexible
delivery of natural gas. Uniper is one of the first companies to be involved in the field of power-to-gas andoperates demonstration facilities in Hamburg, Reitbrook, and Falkenhagen. Uniper is headquartered in
Düsseldorf, Germany.
www.uniper.energy
About Mitsui O.S.K. Lines, Ltd.
Mitsui O.S.K. Lines, Ltd. is a Japanese transport company headquartered in Tokyo, Japan. It is one of thelargest shipping companies in the world, and the largest LNG Carrier Operator. Mitsui O.S.K. Lines fleet
includes dry cargo ships, liquefied natural gas carriers, Ro-Ro Car Carrier ships, tankers and also diversifies
its business to maritime related industries.
www.mol.co.jp/en
Project website: www.lng-wilhelmshaven.com
Your contacts for further information:
Uniper SE
Leif Erichsen
T +49 2 11 45 79 35 70
M +49 1 71- 5 63 92 42
leif.erichsen@uniper.energy

Mitsui O.S.K. Lines, Ltd.
Corporate Communication Division
Media Relations TeamT +81 3 3587 7015
F +81 3 3587 7705
mrtmo@molgroup.com

This press release may contain forward-looking statements based on current assumptions and forecasts made by Uniper SE
Management and other information currently available to Uniper. Various known and unknown risks, uncertainties and otherfactors could lead to material differences between the actual future results, financial situation, development or performance ofthe company and the estimates given here. Uniper SE does not intend, and does not assume any liability whatsoever, to updatethese forward-looking statements or to modify them to conform with future events or developments.

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