HIF Global and German eFuel One GmbH have signed a heads of agreement (HoA) covering the long-term supply of around 100,000 tonnes of e-methanol per year.

The e-methanol is expected to be sourced from HIF Global’s Paysandú project in Uruguay, with the HoA setting out the main commercial terms ahead of a definitive offtake agreement.

According to the companies, the fuel will comply with specifications from the International Methanol Producers and Consumers Association (IMPCA) and will be certified under EU RED III renewable fuels of non-biological origin (RFNBO) standards.

Diego Fettweis, chief commercial officer of HIF Global, said: “This agreement marks a significant step in expanding the reach of sustainable fuels. By working with German eFuel One, we are advancing the decarbonisation of global transport and industry, leveraging our proven experience operating and exporting e-fuels for over three years from HIF Haru Oni in southern Chile, as well as our global portfolio of projects, to deliver reliable, certified e-methanol to the market.”

The deal follows HIF Global’s heads of agreement for e-fuel offtake announced in 2025 with MB Energy (Mabanaft), a German energy company.

Christian Hanke, chief executive of German eFuel One GmbH, commented: “We are establishing the foundation for reliable, industrial-scale production of e-fuels, an essential building block for the urgently needed, technology-open path to climate neutrality in the transport sector. For the Port of Hamburg, as import hub for Europe, the reliable import of green molecules is of critical importance. It not only strengthens regional industries but also supports the German Federal Government in ensuring the energy security needed to accelerate defossilisation in Germany.”

E-methanol is produced by combining green hydrogen with recycled CO₂ and can be used in existing engines and infrastructure without modification. The companies said it can be applied directly in shipping and industry or converted into other synthetic fuels such as e-gasoline and e-SAF.

Future volumes are expected to arrive in Hamburg, which serves as a major European energy import hub, once final contracts are executed and international e-fuels production capacity is scaled up.

HIF Global currently operates the HIF Haru Oni facility in southern Chile and is developing additional projects in the United States, Uruguay, Brazil, Australia and Chile. German eFuel One operates Germany’s first commercial e-gasoline facility and produces synthetic fuels using green hydrogen and recycled CO₂.