Deals Counterparts

Enagás and Axpo launch the 'Alisios LNG' bunkering vessel for sustainable maritime transport in Southern Europe

Partnership Gas announced Spain Mar 16, 2026
12500 m³
Capacity

Enagás, through its subsidiary Scale Green Energy, and Axpo have launched the 'Alisios LNG' bunkering vessel, which will operate in the south of the Iberian Peninsula to supply LNG and bioGNL as sustainable fuels for maritime transport. The vessel, owned by Enagás and chartered by Axpo for commercial use, has a storage capacity of 12,500 m³ and incorporates advanced systems for maneuverability and fuel management. This initiative reinforces the Port of Huelva's role as an energy and industrial cluster, supporting the decarbonization of the maritime sector and aligning with European emission reduction targets. The 'Alisios LNG' is the fourth vessel in Enagás's fleet, which also includes the Levante LNG, Mistral LNG (under construction), and Haugesund Knutsen, solidifying its position as a key player in LNG bunkering in Southern Europe. The partnership aims to meet the increasing demand for alternative fuels, driven by new European regulations requiring progressive emission reductions in maritime transport.

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Deal Analysis

The launch of the 12,500 m³ 'Alisios LNG' bunkering vessel by Enagás and Axpo establishes a distinct commercial model for sustainable maritime fuel supply in Southern Europe. Enagás, a Spanish natural gas TSO, retains ownership of the vessel, leveraging its infrastructure expertise to expand its dedicated LNG bunkering fleet to four vessels. Axpo, Switzerland's largest power producer and an international energy trader, charters the 'Alisios LNG' for commercial operations in the south of the Iberian Peninsula. This structure allows Enagás to solidify its position in LNG bunkering while Axpo capitalizes on the increasing demand for alternative fuels. The partnership directly addresses new European regulations requiring progressive emission reductions in maritime transport, positioning both companies to serve a growing market for LNG and bioGNL. The Port of Huelva also benefits, reinforcing its status as an energy and industrial cluster in Spain. Enagás, through its subsidiary Scale Green Energy, diversifies its gas infrastructure portfolio beyond its core Spanish TSO operations. This new vessel, the fourth in Enagás's fleet alongside the Levante LNG, Mistral LNG (under construction), and Haugesund Knutsen, reinforces its strategic expansion into LNG bunkering across Southern Europe. Axpo, an international leader in energy trading, extends its energy supply and risk management solutions into the maritime sector with this charter. The Swiss company's move to operate the 'Alisios LNG' in the south of the Iberian Peninsula aligns with its broader international focus on marketing wind and solar power, demonstrating a pragmatic approach to meeting diverse energy demands. The joint effort between a gas infrastructure owner and an energy trader directly responds to the European Union's push for maritime decarbonization, creating a new market for sustainable fuels like bioGNL.
  • Enagás owns the 12,500 m³ 'Alisios LNG' vessel, while Axpo charters it for commercial use in Spain.
  • The 'Alisios LNG' is the fourth vessel in Enagás's fleet, solidifying its Southern European bunkering presence.
  • Enagás's subsidiary, Scale Green Energy, typically focused on solar PV and battery storage, is the vehicle for this gas bunkering asset.
  • Axpo, Switzerland's largest power producer, expands its international energy trading into maritime fuel supply.
  • The vessel will supply both LNG and bioGNL, addressing European emission reduction targets.
  • The deal was announced on 2026-03-16, with the Port of Huelva as a key operational hub.

Timeline

Announced
Mar 16, 2026
Signed
Closed

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