LNG

Oct 17 (LNGJ) - The Port of Rotterdam Authority said two European subsidy applications relating to LNG have been granted. This means that the European Union supports the development of a Rotterdam LNG hub. It involves a subsidy of 40 million euros ($54M) for LNG infrastructure for the Rhine-Main-Danube area and 34M euros for the LNG breakbulk terminals in Gothenburg and Rotterdam. Together, the projects will create a logistics chain for LNG, the first in Europe