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Spanish firms sign landmark LNG bunkering agreement

18 Jan 2018

Spanish natural gas and electrical energy utilities company Gas Natural Fenosa (GNF) Thursday entered into a ten-year exclusive liquefied natural gas (LNG) marine fuel supply agreement with Spanish ferry company Baleària Eurolínias Marítimas.

The LNG bunkering operation will be first carried out at the ports of Barcelona, ??Valencia and Algeciras gradually extending to all the peninsular ports in which the shipping company operates.

“In our commitment to LNG, the agreement with Gas Natural Fenosa represents a strategic alliance,” says Adolfo Utor, president of Baleària. 

“We are currently building the first two vessels propelled by this clean energy that will operate in the Mediterranean. 

“It is expected that at the beginning of next year the first will begin to operate, which makes us pioneers in the use of LNG.

“We bet on clean energy because we are convinced that we can fight against climate change and at the same time be competitive.”

According to GNF, LNG bunkering operations at Barcelona will be carried out by a dedicated LNG bunkering vessel. The LNG refuelling operations at Valencia and Algeciras will be conducted by a land-based solution.

“From Gas Natural Fenosa we work to offer solutions that allow the sustainable development of maritime transport profitably,” notes Joaquín Mendiluce, director of Wholesale Iberian Marketing at GNF.

“The agreement we have reached with Baleària corroborates this, since we have designed a different technical solution for each of the ports in which we are going to carry out the gas supply. 

“Thanks to the teamwork between Gas Natural Fenosa and Baleària, we have managed to identify the solutions that allow achieving a very important improvement in air quality and competitive costs.”

Photo credit: Gas Natural Fenosa
Published: 19 January, 2018
 

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