Spanish LNG studies receives EU support

The European Union has confirmed it will co-finance a series of studies to help make the liquefied natural gas (LNG) supply for ships a reality on the Spanish Mediterranean coast.

The study will aim to overcome the existing barriers for developing a LNG bunkering supply chain in Spain

The studies, which will are estimated to cost around €1m, were selected for funding under the 2012 TEN-T Annual Programme’s priority on new technologies for transport infrastructure.

First and foremost, the studies will aim to overcome the existing barriers for developing a LNG bunkering supply chain in the region.

They will also 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.

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.

The studies will be monitored by the Innovation and Networks Executive Agency (INEA) and are set to be completed by December 2015.

Uptake for the adoption of LNG as a rapidly emerging more environmentally friendly fuel for the shipping sector is being encouraged by the European Union.