Port Finance International Events - covering global port developments

Search site

RSS
Thursday, 18 December 2014

Port of Bremen to receive €2.5m for LNG terminal study

The Port of Bremen in Germany is set to receive a grant of €2.5 million for studies and pilot construction of a liquefied natural gas (LNG) terminal from the European Union. The funding is being supplied under the TEN-T programme which is focused on the construction and upgrade of transport infrastructure across the European Union.

The project will see the pilot construction of a flexible, multi-modal LNG terminal that could provide a reliable supply of LNG to maritime, road and rail users in a geographical area of around 300-400 km.

“It covers planning, design and engineering, as well as the construction and operation of an LNG filling station,” EU officials commented.

The pilot site is expected to be relatively small but will be constructed in a flexible manner to allow for later scaling to meet potential market demand.

The project is to be completed by December 2015.

ABOUT US

Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

Follow us

Newsletter

Sign up for our free newsletter