New LNG terminal planned for Swedish port

The Port of Oxelösund in Sweden is hoping to achieve a permit to build an LNG terminal at the site, local media has reported.

If successful the terminal will be built in two phases, with the first part complete by 2020 and the second phase available for use three years later.

The new terminal will deliver LNG for bunkering as well as delivering powering nearby SSAB, a Swedish-Finnish company that processes raw material to steel.

The port’s CEO, Erik Zetterlund said: “The planned LNG terminal is a future-oriented investing. Alternative types of ship fuel require new infrastructure, hence our scheme to build such a facility will be in line with the requirements put on the shipping lines that face the changeover challenge.

“Carbon dioxide emissions are often reduced by as much as 50% when using LNG. Moreover, biogas is essentially the same thing as renewable methane. As such, the planned infrastructure is a big step toward reducing the CO2 footprint.”

For more information visit www.oxhamn.se/en/

27th Nov 2017