press_release LNG / LPG Decarbonization & energy Manifold Times
The Board of Directors of the Port Authority of Valencia (APV) has approved two separate requests to provide commercial services for the supply of Liquefied Natural Gas (LNG) to ships, according to the port authority on Wednesday (20 May). The supply will be delivered via tankers in the ports of Valencia, Sagunto, and Gandia. The two concessions are valid for six years and have been awarded to Shell Western LNG BV and Axpo Iberia. The commitment to alternative energy sources is one of the key elements of Valenciaport’s Net Zero Emissions Plan, through which the organization aims to lead the decarbonization of the ports of Valencia, Sagunto, and Gandia. The Board of Directors also approved an administrative concession for the construction and operation of a plant for the processing and production of renewable fuels for loading and unloading at the Port of Sagunto. The concession, awarded to Five Next Useoil Solutions and Uco Trading Spain will have a term of 25 years and will involve an investment of EUR 20 million (USD 23 million) for the construction and commissioning of the project, which will occupy an area of 27,800 square meters at South Pier 2 of the Port of Sagunto. The project involves the collection, storage, preparation, treatment, and subsequent processing of waste fats, such as used cooking oil and animal fats. This processing will result in advanced biofuels produced through a biomass conversion process. Photo credit: Port Authority of Valencia Published: 22 May, 2026
Valencia approves concessions to Shell and Axpo Iberia for LNG bunkering services
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