March 24, 2023. SEA-LNG, the multi-sector industry coalition established to advocate for LNG and its decarbonization pathway for shipping, welcomes the provisional agreement reached in the FuelEU Maritime informal trilogues between the European Parliament and the Council. SEA-LNG applauds the efforts of all of those involved in the FuelEU Maritime for their efforts to reach an agreement on what is a key regulation.
In particular, SEA-LNG welcomes the fact that LNG and the pathway to bio and renewable synthetic e-LNG will play a key role in delivering this provisional agreement. They look forward to continuing the work with the EU institutions to ensure a swift adoption and engaging with the European Commission to ensure a uniform implementation of the Regulation.
Although the text of the provisional agreement has yet to be published, the agreement includes a trajectory for ships to cut emissions by 2% as of 2025, 6% as of 2030, 14.5% as of 2035, 31% as of 2040, 62% as of 2045 and 80% as of 2050. The deal also includes a 2% renewable fuels usage target as of 2034 if the Commission reports that in 2031 renewable fuels of non-biological origin (RFNBO) amount to less than 1% of the fuel mix.
