Valencia port grants LNG supply authorisations to Shell and Axpo

The Board of Directors of the Port Authority of Valencia (APV) has granted LNG bunkering permits to LNG suppliers Shell Western and Axpo Iberia.

IMAGE: A view of Valencia port. APV

Under the six-year authorisation, the companies will supply LNG to vessels via tanker at the Spanish ports of Valencia, Sagunto, and Gandia.

Separately, the APV has awarded a 25-year concession to Five Next Useoil and Uco Trading Spain for the construction and operation of a renewable fuels plant at the Port of Sagunto.

Backed by an investment of €20 million ($23.2 million), the facility will convert waste-based feedstocks, including used cooking oil and animal fats, into biofuels through a biomass conversion process.

However, the port authority has not revealed additional details about the project, including the plant’s production capacity or whether the biofuels produced will be supplied to the marine bunker market.

By Tuhin Roy

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