LNG as a Marine Fuel
DEPA Commercial is committed to building the infrastructure to deploy LNG as a marine fuel in Greece and satisfy the demand for LNG as a compliant and cleaner fuel in the maritime industry. DEPA Commercial is therefore constructing a state-of-the-art LNG bunkering vessel with a capacity of 4,000 m3 to be based primarily at the Port of Piraeus and offering bunkering services to LNG fueled ships navigating in the Mediterranean region. For the construction of the LNG bunkering vessel DEPA Commercial has signed a loan agreement with the European Investment Bank in addition to funds received by the BlueHUBS Project, co-financed from the Connecting Europe Facility (CEF) scheme. Today, LNG is the safest and technologically proven fuel fulfilling the requirements of the IMO 2020 low Sulphur fuel regulation and is providing the first steps towards the 2030 and 2040 decarbonization targets through its evolution to future blending with bio-LNG and e-LNG, which can use the same LNG supply chain infrastructure of today.
LNG for Off-Grid Customers and On-Road Transportation
Further to LNG in maritime transportation, LNG has and continues to become a largely adopted fuel for the use of energy production and for the on-road transportation sectors. LNG, being the cleaner fuel of today, displaces heavy fuels allowing energy production to be cleaner by lowering emissions in the supply chain along with being more cost effective and affordable for energy producers. With this knowledge, DEPA Commercial has been engaging customers who are off the Greek natural gas network grid, as well as heavy-duty transportation companies that are developing LNG transport fleets.