Enagas’ small-scale LNG arm nets EU cash for two new bunker vessels

Spanish energy company Enagas has won over €20m ($23m) in funding from the European Union to build and supply two LNG bunker vessel (LNGBV) newbuildings as it grows its natural gas value chain.

Fearnley LNG Advisors, which has worked closely with Enagas small-scale LNG arm Scale Gas on both projects, told TradeWinds that the company has been awarded €9.2m for a 5,000-cbm vessel that will be based in Barcelona.