Port of Riga Explores Green Methanol Bunkering
The Latvian port has signed an MoU with two companies to explore green methanol production for export and marine fuel use.
The Port of Riga in Latvia is exploring plans for a green methanol production facility and bunkering hub following an agreement with two companies.
The Freeport of Riga Authority signed a memorandum of understanding (MoU) with South Korean company ECOMETHANOL and Latvian firm AE Risinājumi to develop the project, the Port of Riga said in an announcement on Wednesday.
The proposed facility would produce green methanol for export and use as a marine fuel.
The partners will also explore the development of a green fuel supply and bunkering hub at the port.
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