Skip to main content

EU recommends funding for LNG projects

LNG Industry,


A total of 14 LNG projects have been recommended for funding as part of the EU’s Trans-European Transport Network (TEN-T) programme.

Subsidies have been allocated to 11 short-term (Annual Call) and three long-term (Multi-Annual) initiatives related to LNG.

EU funding

Overall, the European Commission selected 106 projects in total to benefit from over €320 million in EU support for improving Europe’s transport infrastructure and reducing the transport sector’s carbon footprint.

The 11 LNG short-term projects have been recommended for funding under Priority 2, which aims at “decarbonisation/oil substitution or environmental cost reduction”. An additional three long-term LNG projects were recommended under the Multi-Annual Call as part of the Motorways of the Sea Programme. The total aid allocated to the 14 LNG ventures amounts to almost €40 million.

Rolande LNG

Rolande LNG will receive subsidies in the amount of some €4 million for a study including pilot deployment to determine the viability of LNG as an alternative fuel for medium and long distance road transport, which includes the build-up of 5 new LNG filling stations. This further extends the number of LNG filling stations in the Netherlands.

Additionally, Rolande has ordered 75 new IVECO Stralis Euro 6 LNG trucks to enable the pilot deployment of LNG fuelled trucks in the Netherlands. Commenting on the funding award, Rolande LNG Director, Peter Hendrickx, stated: “We are very pleased our project LNG4Haul has been selected and look forward to contributing to the breakthrough of LNG for European road transport, alongside other schemes like e.g. the LNG Blue Corridors project.”

Fluxys Belgium

Fluxys was granted funding in the amount of €520,000 for a project with the aim of greening road transport by deploying LNG refuelling infrastructure network. Fluxys has completed a brand new LNG filling station in Veurne, which is an important step in the launch of LNG as a sustainable alternative fuel for trucks.

Company spokesman, Laurent Remy commented: “Fluxys is delighted by the decision of the European Commission to grant support to this pilot project, which has allowed our company to gain a tremendous experience in terms of engineering, technology, permitting and working out the economics of this type of infrastructure. We consider the EU funding as an encouragement to continue on our trail of further promoting both LNG and CNG as fuel for road and maritime transport”.

Wärtsilä

Wärtsilä has been granted funding of €3,629,540 (half the total costs) for the long-term project “Into the future - Baltic So2lution” that supports the development of more environmentally sustainable and energy efficient shipping in the Baltic Sea region, and the build-up of an LNG infrastructure.


Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/small-scale-lng/03102014/funding-for-lng-projects-in-europe-1535/


 

Embed article link: (copy the HTML code below):