EU to Co-finance LNG for Ships Studies in Spain

The European Union will co-finance with a little over €1 million from the TEN-T Programme a series of studies to help make the liquefied natural gas (LNG) supply for ships a reality on the Spanish Mediterranean coast.

The studies, which were selected for funding under the 2012 TEN-T Annual Programme’s priority on new technologies for transport infrastructure, aim to overcome the existing barriers for developing a LNG bunkering supply chain in the region.

LNG is rapidly emerging as a more environmentally friendly fuel for the shipping sector and its uptake is encouraged by the European Union.

The studies will address the transition of both maritime fleets as well as port facilities, reducing the time-to-market of the LNG bunkering service in the Spanish Mediterranean ports. The technical, operative, economic and legal aspects of LNG bunkering vessel operations will be analysed and there will be an evaluation and design of an optimised LNG supply chain in key Spanish ports of the Mediterranean.

Press Release, February 28, 2014; Image: Ten-T Executive Agency

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