Greece’s Blue Grid in bio-LNG move

Greece’s small-scale LNG player Blue Grid, a unit of Molgas, has purchased a biogas plant in Greece as it plans to produce bio-LNG for the heavy-duty road transport sector and the maritime industry.

Blue Grid said on Wednesday it purchased the Biomesti biogas plant in Mesti, Evros via its unit BlueFuel.

This marks the company’s first entry into biogas.

According to Blue Grid, Biomesti currently produces electricity via anaerobic digestion of organic waste, mainly cow manure and whey cheese, provided by the largest cow farm in Greece Campus and Evrofarma.

“Our future plans for this plant include its expansion, upgrade, and ultimately the production of bio-LNG, a fully renewable fuel for road transportation and shipping,” it said.

Back in 2021, Blue Grid and Elion Oil created Greece’s first LNG fuel supplier for road transport, BlueFuel, to develop a nationwide network of filling stations for heavy-duty vehicles, enabling the use of LNG as a road fuel in Greece but also the wider region.

Elinoil transferred its 50 percent share in the JV to Blue Grid last year.

The two firms recently announced plans to launch their first LNG and CNG fueling station for vehicles in Greece in the first quarter of 2024.

Earlier this year, Blue Grid and Mytilineos also completed the first truck loading operation at DESFA’s LNG import terminal located on the island of Revithoussa.

The two firms are supplying LNG via trucks from the terminal to Greek industrial users.

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