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EU supports Rotterdam-Gothenburg LNG initiative

Small-scale infrastructure for LNG chain a priority project for EU transport The LNG Rotterdam-Gothenburg project has been acknowledged by the European Commission as a priority project for European transport infrastructure development.European Commission grants 34 million euro for the development of a small-scale LNG chain in Rotterdam and Gothenburg, accommodating LNG supply for cleaner maritime transportThe collaboration between the ports for the infrastructure enables shipping companies to switch to Liquefied Natural Gas (LNG)-powered vesselsLNG allows the shipping industry to meet the stringent 2015 emission requirements for the North Sea, English Channel and Baltic SeaThe Commission grants 34 million euro (SEK 305 million) to develop small-scale infrastructure for liquefied natural gas (LNG) as an efficient and cleaner alternative for fuel oil and diesel in the North and Baltic Sea region. The Dutch-Swedish LNG collaboration involves the ports of Rotterdam and Gothenburg, together with gas infrastructure companies Gasunie (the Netherlands) and Swedegas (Sweden) and the international tank storage provider Vopak.The decision of the Commission represents a clear support for the realization of this initiative, which aims at creating a new supply infrastructure for LNG in the maritime region of North Sea and Baltic Sea by 2015. LNG Rotterdam-Gothenburg is considered to be one ...

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Massive boost for Rotterdam LNG hub

EU subsidy granted for the first European LNG logistics chain Two European subsidy applications relating to LNG have been granted from the European Union, which involve a subsidy of 40 million for LNG infrastructure for the Rhine-Main-Danube area and a 34 million subsidy for the LNG breakbulk terminals in Gothenburg and Rotterdam. Together, the projects are expected to create a logistics chain for LNG; the first in Europe.The Port Authority wants to make Rotterdam the most sustainable port of its kind and sees LNG as a way of substantially reducing emissions from shipping. The subsidy is in line with the Port of Rotterdam Authority's endeavour to fully develop the market for LNG as a fuel and to open an LNG hub in Rotterdam before the end of 2015. In order to achieve this the Port Authority is investing in infrastructure (incl. a breakbulk terminal), it is closely involved in putting the necessary (inter)national policy and regulations in place and is investing in cooperation with relevant partners. The two subsidies were also the result of close cooperation with other (inter)national parties.European chainThe subsidy represents a considerable boost for the Rotterdam LNG hub, but by according to Port of Rotterdam Authority that ...

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