EMEA News
EU to Invest €2.5 Million in LNG Facilities at the Port of Bremen
The European Union's (EU) Innovation and Networks Executive Agency (INEA) has announced that it will invest €2.5 million ($3.1 million) in the study and pilot construction of a liquefied natural gas (LNG) bunkering station at the Port of Bremen.
The funds will be given to the German port under the EU's Trans-European Transport Network Programme (TEN-T) to build a "flexible, multi-modal LNG terminal," which although on the smaller side, can be easily expanded if market demand necessitates it in the future.
The INEA will also be monitoring the implementation of the program, it said.
The agency said that the project will be part of its efforts in helping the European shipping sector to meet upcoming sulfur regulations, which will limit sulfur content in marine fuel used in Emission Control Areas (ECA) to 0.10 percent starting next year.
If all goes according to plan, the TEN-T Programme will see LNG refuelling facilities constructed at all core European ports by 2030.
The INEA has also so far commissioned two LNG-powered vessels, both of which are part of a project to test the viability of LNG as a cleaner fuel in inland waterways.
