Million euro-support for Rotterdam LNG hub

European Union grants total subsidy of EUR 74 million for LNG development in the Port of Rotterdam

These days the Port of Rotterdam Authority is delighted to obtain a massive financial boost. The European Union has recently granted two subsidy applications that support the development of a Rotterdam LNG hub. It involves a subsidy of EUR 40 million for LNG infrastructure for the Rhine-Main-Danube area and a EUR 34 million subsidy for the LNG breakbulk terminals in Gothenburg and Rotterdam.

The Port Authority endeavours to open the LNG hub in Rotterdam before the end of 2015. In order to achieve this objective, the port is investing among other things in infrastructure in the form of a breakbulk terminal. Via the breakbulk terminal, it will shortly be possible to supply LNG to the bunker market in (north)west Europe as well. In addition to the Port of Rotterdam, the whole European LNG logistics chain will profit from the financial means. For instance, 33 partners are involved in the LNG Masterplan for the Rhine-Main-Danube corridor. The project is coordinated by ‘ProDanube’.

www.portofrotterdam.com/en/

Quelle: LogEastics
Portal: www.logistik-express.com