LNG

DNV GL studies Iberian Peninsula LNG market

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DNV GL is to study the development of the LNG bunkering market in Spain and Portugal (photo courtesy of the EC Innovation and Networks Executive Agency)

The €33 million project CORE LNGas hive is coordinated by Spanish energy company Enagas and is scheduled for completion in December 2020. It will provide recommendations for the Spanish and Portuguese national policy frameworks for alternative fuels supply infrastructure, and will prepare the roll-out plan for future commercial deployment along the Mediterranean and Atlantic corridors of the Iberian Peninsula.

Fernando Impuesto, CORE LNGas hive project coordinator at Enagas, said: “The consortium partners selected DNV GL to execute the demand studies of the project based on the fact that DNV GL has been at the forefront of the development of LNG as a marine cargo for more than 50 years, and for LNG as a marine fuel over 20 years. With that experience and support, they are an important contributor to our success in this project.”

Liv Hovem, regional manager for Continental Europe and North and East Africa, DNV GL, added: ”DNV GL has significant experience with adoption of LNG as a marine fuel. This is both through development of gas fuel class rules and assisting and advising private and public clients, port authorities, and global government bodies, with consultancy on safety, technical, and commercial market assessments.”

The CORE LNGas hive project follows another study recently delivered by DNV GL for the EU providing recommendations on how to address barriers to wider adoption of LNG as fuel.