EMEA News
Swedish Port of Oxelösund Pursues LNG Terminal
Sweden's Oxelösund Municipality says a proposal is set to be put forth in order to establish a liquefied natural gas (LNG) terminal at the port, which will include LNG bunkering capabilities.
The terminal is planned for development in two phases, with the phase one slated for completion in 2020, followed three years later by the second phase, Baltic Transport media reports.
"The planned LNG terminal is a future-oriented investing. Alternative types of ship fuel require new infrastructure, hence our scheme to build such a facility will be in line with the requirements put on the shipping lines that face the changeover challenge," Erik Zetterlund, CEO of the Port of Oxelösund.
"Carbon dioxide emissions are often reduced by as much as 50% when using LNG. Moreover, biogas is essentially the same thing as renewable methane. As such, the planned infrastructure is a big step toward reducing the CO2 footprint."
