Spain’s Sagunto liquefied natural gas import terminal near Valencia has been upgraded and is now ready to start offering LNG bunkering services, according to Enagas.
Enagas said in a statement on Tuesday that the ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Enagas and promoted by Saggas, and the Valenciaport Foundation, has successfully completed the adaptation of the regasification terminal.
Saggas owns the regasification plant located in the port of Sagunto and the firm is a joint venture of Enagas, Osaka Gas, and also Oman Oil. Enagas holds a 72.5 percent stake in Saggas.
Launched in October 2018, the Sagunto upgrade project advances the European Union’s decarbonization objectives in the field of sustainable mobility, while 20 percent of the total investment has been financed with European funds from the European transport aid programme Connecting Europe Facility (CEF), Enagas said.
‘LNGHIVE2: Infrastructure and Logistics Solutions’ is part of the strategy to deploy LNG supply points in ports, and develop the associated market promoted by the Ministry of Transport and Sustainable Mobility through the Spanish Ports Authority.
Santiago Alvarez, CEO of Saggas, said that “participation in this European initiative has allowed us to expand the services offered at our facilities.”
“The adaptation of our quay has made it possible for our facilities to load LNG in small-scale vessels, with a capacity of less than 6,500 cbm, which will contribute to boosting bunkering activity in our area,” he said.
According to GIIGNL, the Sagunto LNG terminal has four LNG storage tanks with a total capacity of 600,000 cbm and a regasification capacity of 6.4 mtpa.
Saggas data shows that the LNG terminal has unloaded 58 vessels in 2022, 20 more than in the previous year, of which 53 percent came from the United States and 17.2 percent from Nigeria.
Also, the terminal has carried out 28 loading operations to large vessels and has loaded 6,039 trucks in 2022.
