Ambitious BLNG breakthrough project receives EU funding
EUR 11 mln TEN-T funding for (Bio)LNG infrastructure will accelerate the shipping sectors energy transition
Titan LNG has announced that Titan LNG, one of the leading suppliers of LNG to the marine and industrial markets in Europe, has been granted €11.000.000 funding from the EU’s Connecting Europe Facility (CEF); the EU’s grant scheme supporting transport infrastructure, connectivity and the switch to greener fuels for transport.
Titan LNG’s project Bio2Bunker develops and expands a (Bio)-LNG (BLNG) bunkering supply chain by introducing three bunker barges in Zeebrugge, Rotterdam, and Lübeck. The bunker barges in Belgium and Germany will be similar to our two existing FlexFuelers with demonstrated operational advantages. For the Amsterdam-Rotterdam-Antwerp region Titan LNG will construct a mothership, the “Titan Hyperion” that will resupply our FlexFuelers.
Titan LNG’s customers in the shipping sector are facing a choice for the future: run on MGO, HFO with scrubbers, or go for (bio)LNG, the only proven alternative fuel that is scalable right now. Titan LNG believes that LNG-fueled ships are future proof. LNG combined with BLNG and later Synthetic Liquefied Gas (SLG), made by combining green hydrogen and CO2, offer a credible and cost competitive path to decarbonization whilst immediately improving local air quality.