Liquefied natural gas

Since 2013, the company has been a Member of an international consortium of 33 companies from 17 EU Member States

Since 2013, the company has been a Member of an international consortium of 33 companies from 17 EU Member States

The company has a great faith in the development of alternative fuels, which is why it became a member of an international consortium of 33 companies from 17 EU Member States at the beginning of 2013.

The consortium has applied for a common project "LNG Masterplan" to supply liquefied natural gas (LNG) in the Rhine, Main and Danube rivers in order to improve the environmental standards of water transport. The project is part of the European Transport Commission's major project 17 and is of the utmost importance for the whole of the European Union. The cost of the project is more than EUR 80 million and is supported unconditionally by the Commission.

As part of the above-mentioned project, in 2017 BULMARKET DM Ltd completed the construction of  liquefied natural gas (LNG) terminal with capacity of 1000 m3 (4 vertical cryogenic tanks of 250m3 each) on the coast of the Danube River in the territory of Port Bulmarket in the town of Ruse. The same is to bunker river LNG vessels, to load heavy goods vehicles powered by LNG, and to distribute to regions that do not have access to the gas pipe network in the country. In addition, the company purchased several heavy goods vehicles “Iveco”, powered by liquefied natural gas (LNG), as well as semi-trailers for LNG transport and storage.

The total investment exceeds 4,5 mil. Euro.

 

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