The market study is being carried out on behalf of the CORE LNG as hive project which is co-funded by the European Commission. The research aims to develop a safe and efficient, integrated logistics and supply chain for LNG in the transport industry (small-scale and bunkering), particularly for maritime transport off the Iberian Peninsula. With a total estimated budget of more than EUR33 million, the six-year project is scheduled for completion in December 2020.
The results of the project, coordinated by Enagas, 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 in the Iberian Peninsula. Fernando Impuesto, CORE LNG as hive project coordinator from Enagas, says: “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.” The CORE LNGas hive project follows another project recently delivered by DNV GL for the EU providing recommendations on how to address barriers to wider adoption of LNG as fuel. Liv Hovem, DNV GL Regional Manager for Continental Europa and North and East Africa, adds: ”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.