The signing took place during a tour by German authorities in the region and was attended by the Undersecretary of Foreign Affairs, Ximena Fuentes, the Minister of Energy, Claudio Huepe and the Marketing Director of ProChile, Claudia Serrer.

“Our objective is to jointly create the necessary conditions for the early export/import of hydrogen and its derivative products to Hamburg and Central Europe and promote the rapid development of a self-sustainable hydrogen market in both regions,” said Claudio Huepe, Minister of Energy of Chile.

The Mayor of Hamburg, Peter Tschenscher, said: “The MoU between the Government of Hamburg, the Hamburg Port Authority and the Chilean Ministry of Energy is a solid basis for a successful future co-operation. With its great potential to produce green hydrogen, Chile is on the verge of becoming an exporter of global magnitude.

“Hamburg is Europe’s third largest port and offers excellent conditions for the import and distribution of energy carriers, such as hydrogen based on renewable energies. Together, Chile and Hamburg can create a strong energy partnership between South America and Europe”.

Chile and Germany understand that green hydrogen transport will be one of the most appropriate ways to move towards the decarbonisation of hard-to-reduce sectors such as shipping, aviation, steel, amongst others.