Cepsa To Supply LNG Using Europe’s First Multi-Product Barge

Cepsa will supply liquefied natural gas (LNG) to ships through the first multi-product barge in Europe. The supply ship will be able to provide all types of marine fuels, from traditional fuels such a heating oils and diesels, through to the most innovative like LNG. Using the most advanced technology Cepsa will participate in the design and construction of the ship alongside its strategic business partner, Flota Suardíaz.

The project forms part of the ‘Core LNGas Hive’ initiative, selected by the European Commission, whose objective is to develop an LNG logistics network to promote the use of the gas as a fuel for transport, especially in the marine environment. The project is led by the country’s ports and coordinated by Enagas, and has 42 partners in Spain and Portugal, among them Cepsa. ‘Core LNGas Hive’ aims to lower carbon emissions in the Mediterranean and Atlantic and to promote clean energies for transport and care for the environment through the European Union.

Image Credits: cepsa.com
Image Credits: cepsa.com

The first barge will start operations in 2018 from the port of Barcelona, one of the most important in Europe. The Company will become the first supplier of this fuel ship-to-ship through a multi-product barge in Spain, and Barcelona will become the first port in southern Europe to offer it. A landmark for the Company and the Port that strengthens the position of both nationally and in Europe.

“Our customers will benefit from the great flexibility that the barge will give, supplying all types of fuel from standard fuels to the most innovative, taking us a step ahead of the change in European regulations,” said Alberto Martínez-Lacaci, Cepsa’s Bunker Director.

“Cepsa is a bunker leader in Spain and supplies marine fuels in other important international ports such as Fujairah and Panama, so it had to be involved in this project. We are convinced that it will open a new chapter in the European bunkering market, whose future will be closely tied to the use of lower emitting fuels such as liquefied natural gas,” he added.

Reference: cepsa.com

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