Since the beginning of the year, more than 37,000 tons of biofuels have been handled at Klaipėda oil terminal operated by KN. In comparison, only a little more than 5,000 tons were handled throughout 2019.
The handling of biofuels is one of the driving forces of the green economy and contributes to climate change mitigation, also creating added value for the entire port.
Two types of biofuels are handled at KN Klaipėda Oil Terminal: ethanol and fatty acid methyl ester, better known as biodiesel. These biofuels are mixed into conventional fuels (petrol and diesel) to reduce emissions of harmful particles into the environment from transport. Biofuels later reached Western and Northern European countries – the most advanced markets promoting the green economy.
According to Jurgita Šilinskaitė-Venslovienė, interim Director of Commerce at KN the European Union’s plans to reduce emissions, thus neutralising the impact on climate change, are also integrated into the laws of the Member States.
“A Law on Alternative Fuels is currently being drafted in Lithuania,” she reminded. “It provides that no less than 6.8 per cent of the energy value of fuel must be biofuels. These volumes will increase in 2025 and 2030 accordingly and will have to make up for as much as 16.8 per cent.”
She emphasised that a few years ago, KN responded to trends in biofuel demand, by making it possible for customers to load these products or mix biofuels into internal combustion engine fuels.
“We are ready to respond to the growing demand for biofuels and create conditions for our customers to transship even larger amounts of biofuels using the infrastructure available in Klaipėda port,” Mrs Šilinskaitė-Venslovienė continued.
Transport accounts for a quarter of the EU greenhouse gas emissions, which make a significant impact on climate change. According to the European Green Deal, achieving climate neutrality by 2050 requires a 90 per cent reduction of emissions from transport and increase the quantity of renewable energy sources. Biofuels play an important role here, contributing to the reduction of pollution.
“The possibilities of biofuel handling in ports are valued all over the world,” added Mrs Šilinskaitė-Venslovienė. “The export of biofuels opens up a wide range of opportunities for ports, as more and more countries want to use environmentally friendly solutions. As biofuels are produced from renewable sources, by acting in synergy with conventional fuels they significantly reduce the amount of greenhouse gases, so this sector has great potential.”