Port of Riga joins Ecomethanol to develop green methanol production
This partnership aims to establish a green methanol production facility, with its output exported for use as an alternative maritime fuel. Additionally, the cooperation will develop a green fuel supply and bunkering hub at the Port of Riga to service vessels traveling between Europe and Asia via the Northern Sea Route.
ECOMETHANOL and SIA “AE Risinājumi” will jointly develop a green methanol production project in Latvia, targeting the marine fuel market in the Baltic Sea region and beyond, including ships traveling between Europe and Asia via the Northern Sea Route. The Memorandum will establish cooperation with the Freeport of Riga Authority, linking the development of the production facility with the port’s infrastructure and logistics capabilities.
The project in Latvia is part of a broader plan to ensure the supply of green marine fuel at both ends of the Northern Sea Route. In Asia, ECOMETHANOL is developing a green methanol production plant in the South Korean city of Taebaek with a planned capacity of 15,000 metric tons per year. Construction is scheduled to begin in December 2026, and the plant will supply fuel to ports along Korea’s east coast. In Europe, the Port of Riga is designated as a fuel supply point for ships traveling between Europe and Asia.
Category: Fuels
