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Tuesday, 22 October 2013

€34M EU subsidy for LNG terminals in Rotterdam and Gothenburg

The ports of Rotterdam (The Netherlands) and Gothenburg (Sweden) are to receive €34 million of European Union subsidies to cover part of the construction costs of two new LNG terminals.

TEN-T (Trans-European Transport Network) funding was announced last week for this project which comes under the “Motorways of the Sea” concept.

A new storing terminal will be constructed in Rotterdam, from which smaller facilities will be supplied with LNG. The TEN-T executive agency said that this new infrastructure will also feature a truck loading bay to enable ships to store the fuel while moored using trucks.

The new facility in Gothenburg, also built as part of the project, will be the first satellite terminal to be supplied directly from the Rotterdam break bulk facility. It will serve as a means to supply the Scandinavian LNG bunkering market. From the Swedish facility, in fact, the fuel will be distributed throughout Scandinavia and the broader North Sea area.

The project is set to be completed by December 2015.

The TEN-T agency expects the new break bulk facilities in Rotterdam and Gothenburg to bring a reduction of 37 million tonnes of CO2 emissions per year as well as 32 thousand tonnes of reduced sulphur. It hopes that the combined facilities for fuelling ships and trucks in both ports will create a synergy effect to provide alternative fuel solutions for transport.

Last Wednesday, the agency also announced that €40 million of EU funding will go to a series of studies and trials to assess the use of LNG as a shipping fuel in the European inland waterway sector. This will contribute to the completion of the “Waterway axis Rhine/Meuse-Main-Danube”. It will be implemented by a consortium of 33 companies and organisations from 12 EU member states (Germany, Austria, Belgium, Bulgaria, Cyprus, Czech Republic, France, Italy, Luxembourg, The Netherlands, Romania, and Slovakia).

A set of feasibility studies, technical reports and trials, and pilot deployments of vessels and terminals will be carried out along the Rhine, Main and Danube rivers.

The results, expected by December 2015, may have a significant impact on LNG’s introduction on this important European inland waterway axis.

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