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Titan LNG inks EUR 11 million CEF funding for Bio-LNG bunkering project

05 Nov 2020

Netherlands-based maritime liquified natural gas (LNG) bunkering company Titan LNG on Wednesday (4 November) completed the signing ceremony for funding from the EU’s Connecting Europe Facility (CEF) for its “Bio2Bunker” project.

An earlier release from the company stated the CEF funding is worth EUR 11 million (USD 12.6 million).

CEF is the EU’s grant scheme supporting transport infrastructure, connectivity and the switch to greener fuels for transport.

Titan LNG’s “Bio2Bunker” project aims to develop and expands a (Bio)-LNG (BLNG) bunkering supply chain in the EU. 

“We have kickstarted the preparations for our Bio2Bunker project to expands the BioLNG and E-LNG bunkering supply chain by introducing three bunker barges in Rotterdam, Zeebrugge, and Lübeck,” said Titan LNG.

“We thank all our partners and customers for supporting the application. Moreover, a special thanks to the representatives of the Innovation and Networks Executive Agency (INEA) of the European Commission for the pleasant and smooth cooperation in finalizing the agreement.”

Related: Titan LNG receives EUR 11 million for Bio-LNG bunkering supply chain project

Photo credit: Titan LNG
Published: 5 November, 2020

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