LNG terminal to be built at Csepel port
A liquefied natural gas terminal (LNG) will be added to the port of Csepel on the Danube in the south of Budapest by the end of 2019, the Hungarian Association for Gas-Fueled Transport (MGKKE) said, according to a report today by Hungarian news agency MTI.
An LNG terminal vessel will be docked at the port as part of a project which will be supported by around EUR 1 million in state funding and EUR 6mln from the Connecting Europe Facility, MTI said.
The investment is anticipated to incentivize ships on the Danube to use LNG rather than diesel, which would be more environmentally friendly, MGKKE chairman Henrik Domanovszky said, according to MTI.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.