Titan LNG, one of the leading suppliers of LNG to the marine and industrial markets in Europe, has announced it has been granted €11 000 000 funding from the EU’s Connecting Europe Facility (CEF); the EU’s grant scheme supporting transport infrastructure, connectivity, and the switch to greener fuels for transport.
Titan LNG’s project Bio2Bunker develops and expands a bio-LNG (BLNG) bunkering supply chain by introducing three bunker barges in Zeebrugge, Rotterdam, and Lübeck. The bunker barges in Belgium and Germany will be similar to the company’s two existing FlexFuelers with demonstrated operational advantages. For the Amsterdam-Rotterdam-Antwerp region Titan LNG will construct a mothership, the Titan Hyperion that will resupply its FlexFuelers.
Titan LNG’s customers in the shipping sector are facing a choice for the future: run on MGO, HFO with scrubbers, or go for BLNG, the only proven alternative fuel that is scalable right now. Titan LNG believes that LNG-fuelled ships are future proof. LNG combined with BLNG and later synthetic liquefied gas (SLG), made by combining green hydrogen and CO2, offer a credible and cost competitive path to decarbonisation whilst immediately improving local air quality.
Titan LNG is thankful that the EU shares its vision and offers this support for overcoming the barriers to scaling up BLNG as a fuel.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/21072020/titan-lng-awarded-grant-from-eus-cef/