Funding boost for Rotterdam LNG hub

The subsidies are in line with the Port of Rotterdam's plans to create an LNG hub by 2015 The subsidies are in line with the Port of Rotterdam's plans to create an LNG hub by 2015

Progress is being made with the Port of Rotterdam Authority’s plans for an LNG hub by 2015 following two European subsidy applications for €40m and €34m.

The European Union’s €40m subsidy will cover LNG infrastructure for the Rhine-Main-Danube area, while the €34m will cover LNG breakbulk terminals in Gothenburg and Rotterdam.

With this, the Port of Rotterdam Authority will help create a logistics chain for LNG – the first in Europe.  

A total of 33 partners are involved in the LNG ‘masterplan’ for the Rhine-Main-Danube corridor, which is coordinated by ‘ProDanube’.

Rotterdam port authority is coordinator for the Rhine corridor, while the ports of Antwerp, Strasbourg, Mannheim and Basel are also involved in the LNG project.

The subsidy for the breakbulk terminals relates to a joint venture between the ports of Gothenburg and Rotterdam, which will make it possible to supply LNG to the bunker market in north-west Europe.

Since 2011, the port has had a terminal for storing and handling LNG.

Earlier this year, the municipality of Rotterdam amended the regulations so that inland shipping can now bunker.

Support by these subsidies, the port authorities of Rotterdam, Amsterdam, Gothenburg and Antwerp, among others, are preparing for future joint international regulations.  

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