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EC unveils innovative gas infrastructure investments

The European Commission (EC) has announced it is spending €17.3mn on five projects promoting innovative gas-related infrastructure projects in Europe. The money will come from the European Union’s (EU) Connecting Europe Facility (CEF), a funding programme designed to create economic growth, jobs and competitiveness through targeted infrastructure investment, writes Keith Nuthall.

 

EU Climate Action and Energy Commissioner Miguel Arias Cañete said the projects would ‘contribute to the further integration of the [EU] internal energy market’.

 

Specifically, the EC will:

·         Fund a €4.3mn study looking at the proposed development of a LNG shipping link between a LNG-to-container transhipment facility in Zeebrugge, Belgium, and a ship bunkering facility in Gothenburg, Sweden.

·         Support 4.4mn of 7.4mn’s worth of market-related technical and financial, commercial, environmental and permitting studies for developing LNG and CNG supplies in Cyprus, including an LNG shipping terminal and onshore distribution facilities.

·         Finance a 7mn grant in support of a 11.7mn set of pilot projects and business case planning to utilise German and Dutch power and gas networks to create and supply hydrogen gas in the Netherlands and western Germany.

·         Contribute €600,000 towards a €1mn cost benefit and technical study assessing the the proposed construction of a LNG floating storage and regasification unit off Malta and a LNG pipeline connecting Malta and Italy.

·         Spend 1mn on assessing the feasibility for constructing a small-scale LNG reloading terminal at Poland’s Gdańsk port and associated LNG bunkering of vessels.

News Item details


Journal title: Petroleum Review

Region: Europe

Keywords: natural gas - LNG - LNG Terminals - Gas - LNG/LPG - gas supply - Compressed Natural Gas (CNG)

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