Innovation and Networks Executive Agency

Water 2013-EU-21019-S 

Costa II East - Poseidon Med

Programme:

This project, part of TEN-T Priority Project 21 (Motorways of the Sea), is direct continuation of the COSTA project (2011-EU-21007-S) that aimed at developing a global strategy for the promotion of LNG (liquefied natural gas) as marine fuel. It also looked at how LNG could be an efficient and effective solution to the problem of emissions abatement in the Mediterranean, which enters into force on 1 January 2020.

 

COSTA II focuses on the eastern Mediterranean region/sea with five Member States (Greece, Cyprus, Italy, Croatia, Slovenia) in order to prepare a detailed infrastructure development plan promoting the adoption of LNG as marine fuel for shipping operations. It will design a LNG transport, distribution, and supply (including bunkering) network and infrastructure and define the framework for a well-functioning and sustainable relative market (vessels) for its demand. It has the following four objectives, namely to:

  1. Study the establishment of a comprehensive LNG network (sources and destinations) in the East Mediterranean area (including the Adriatic)
  2. Investigate all of the necessary activities to develop a sustainable market for LNG as marine fuel in the aforementioned Member States
  3. Revive shipping in the area and increase fleet competitiveness, efficiency, and sustainability
  4. Serve and satisfy EU/TEN-T objectives with respect to emission reduction, increased efficiency and competitiveness of EU shipping, in order to ensure and strengthen the accessibility to all areas of the Comprehensive Network, diversify EU energy supply sources, create new employment opportunities, and promote the mobility of people and goods in a safe and socially responsible way.

 


 

State of progress on 31 December 2014:
All activities have started but there are delays in the implementation of the Action.  However as the activities are not interdependent those delays will not affect the in time completion of the Action.

 

 

Budget: 

 

Project promoter: 

 

€2,563,125

Total project cost covered by this Decision:
 

€5,126,250

Percentage of EU support:  

 

Studies: 50%

EU contribution: 

 

€2,563,125

 

Download the Info Sheet about this project

 

This project was also the subject of a press release issued by the Agency.

Click map to view enlarged version


 See projects by country or transport mode