SEA-LNG, the multi-sector industry coalition established to advocate for LNG and its decarbonisation pathway for shipping, welcomes the provisional agreement reached yesterday (March 24^th) morning 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. We look forward to continuing our work with the EU institutions to ensure a swift adoption and engaging with the European Commission to ensure a uniform implementation of the Regulation.

Following months of intense discussions, negotiations on the FuelEU Maritime Regulation came to a close, following a marathon trilogue ending at 4:30 am, with a provisional agreement that will need to be approved by the Council Committee of Permanent Representatives and Parliament’s Transport and Tourism Committee, and then the Parliament and Council as a whole.

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.

For more information on the deal, please see the press releases from the European Parliament, Council, and European Commission welcoming the provisional agreement.