EU earmarks 278 million euros for four new LNG import terminals
7/31/2018
LONDON (Reuters) - The European Commission has earmarked 278 million euros ($325 million) for four liquefied natural gas (LNG) import terminals due onstream between 2018 and 2020, a Commission spokesperson said.
Poland’s LNG import terminal that came onstream in 2016 had already received 332 million euros, the spokesperson said. Last week, U.S. President Donald Trump and EU Commission President Jean-Claude Juncker vowed to increase trade in LNG.
EU financing programs will disburse 50.8 million euros to an LNG terminal expansion in Greece, 124 million euros for one on the island of Krk in Croatia and 101.2 million euros for a Cyprus project.
Reporting by Sabina Zawadzki. Editing by Jane Merriman
Sign up to Receive Our Newsletter
- Biogas in France: TotalEnergies starts its 2nd largest unit in Normandy
- ONEOK announces joint ventures with MPLX to build LPG export terminal at U.S. Gulf Coast location
- Ukraine plans to import 800 MMm3 of gas until April after Russian strikes
- Parker Hannifin joins iHAPC project to test H2 and argon for cleaner and more energy-efficient engine technologies
- India's BPCL signs LPG supply deal with Norway's Equinor
Comments