FETSA, the trade body representing European bulk liquid storage across geographic Europe, is committed to supporting the achievement of the EU’s climate neutrality targets.
The European Commission has announced its Fit for 55 legislative package, covering many areas of the bulk liquid sector and containing a range of measures aimed at achieving a 55 percent reduction in greenhouse gas emissions by 2030.
“As critical logistics infrastructure providers, including for the transport sector, we will play a crucial role in developing the necessary flexibility in our storage terminals and related infrastructure to manage change and accommodate the integration of new energy alternatives. With the Fit for 55 package covering a number of other areas related to bulk liquids” said Ravi Bhatiani, executive director of FETSA.
He added: “To unlock future opportunities and the necessary infrastructure investment to make Fit for 55 a success, it is clear that unprecedented collaboration will be required. To that end, FETSA will continue to work in partnership with EU and other relevant authorities to ensure that liquid products, from liquid fuels to chemicals, fertilisers, foodstuffs and animal feed can continue to flow safely and efficiently to meet demand now and in the future.”
Referring to the tank storage preparations for the energy transition already under way, Bhatiani also commented on a recent study prepared by FETSA, in partnership with UPEI (representing independent fuel suppliers): “A recent study we commissioned on the implications of the energy transition for the European storage, fuel supply and distribution infrastructure, shows that current tank terminal infrastructure will be critical to the energy transition as well as the strategic autonomy and resilience of the EU.”
For more information visit fetsa.eu
