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SPANISH LNG-POWERED SHIP STUDIES RECEIVE EU SUPPORT

The European Union has announced that it will co-finance a little over €1 million (about
$1.4 million) for a series of studies to help make the LNG supply for ships a reality on the Spanish Mediterranean coast. The studies, which were selected for funding under the 2012 TEN-T Annual Program’s priority on new technologies for transport infrastructure, aim to overcome the existing barriers for developing a LNG bunkering supply chain in the region. The studies will address the transition of both maritime fleets as well as port facilities, thereby reducing the time-to-market of the LNG bunkering service in the Spanish Mediterranean ports. The technical, operative, economic and legal aspects of LNG bunkering vessel operations will be analyzed, and there will be an evaluation and design of an optimized LNG supply chain in key Spanish ports of the Mediterranean.