Swedegas Invests in First LNG Facility at Port of Gothenburg
- Business & Finance
Owner and operator of the gas transmission grid Swedegas is investing in a new LNG infrastructure at the Port of Gothenburg in an effort to meet the need in the shipping industry for a more environmentally friendly fuel.
This is the first LNG facility in Gothenburg, the largest port in Scandinavia, making it possible for vessels to bunker LNG at the quayside while loading and unloading. It is expected to be fully operational in 2018.
The need in the shipping industry for a viable alternative to heavy oil and diesel is being driven by increasingly stringent emission controls, according to Swedegas.
“This investment marks the starting point for the gradual expansion of the facility, eventually supplying the transport sector and Swedish industry with liquefied gas. Regardless of the sector, it ultimately comes down to making the transition from oil-based products,” Johan Zettergren, Swedegas chief executive, said.
The facility, which comprises a discharge station, a cryogenic pipeline and bunkering equipment, allows vessels to bunker LNG at the quayside while loading and unloading.