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Home Blue Economy & Finance

Petrologis will adapt its terminal in Las Palmas to biofuels to extend its port concession

Gara Vega H. by Gara Vega H.
23 April 2026
in Blue Economy & Finance
Reading Time: 2 mins read
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The **energy transition** in the ports of Las Palmas has ceased to be a statement of intent and has become an administrative and concrete reality. Petrologis Canarias, S.L. has formally requested a substantial modification of its concession from the Port Authority in Functional Areas 7 and 8. The objective is ambitious: to implement a project for the **improvement and adaptation** for the storage of biofuels and alternative marine fuels, a strategic maneuver aimed at aligning its facilities with the new **decarbonization requirements** of maritime transport.

This commitment to **green fuels** is not just an environmental move but a masterstroke for business continuity. By proposing this technological investment, Petrologis is applying article 82.2 b) of the Ports Law to request an **extension** of its concession period. The company, which currently operates a terminal for petroleum derivatives (Class C), understands that the future of bunkering in the Atlantic lies in **diversification**, and is willing to transform its infrastructure to avoid becoming obsolete in the face of increasingly sustainable vessels.

The announcement, signed by the director of the Port Authority, Francisco Trujillo, now opens a period of **twenty business days** for any interested party to submit objections. The basic improvement project is already on the desks of the port offices, detailing how a traditional logistics terminal can be converted into a **node for clean energies**. For Las Palmas, the fact that such operators are seeking to invest in biofuels reinforces its position as the **’gas station of the world’**, but this time with a catalog adapted to the **21st century**.

This request from Petrologis comes at a moment of **excitement for the port**, coinciding with the international tour of its president to attract new traffics and the recent introduction of solutions like AUS40 for luxury cruises. The terminal on Tomás Quevedo Ramírez street is thus preparing for a new era, where the storage of petroleum derivatives will share space—or yield ground—to the alternatives demanded by the **International Maritime Organization**.

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Gara Vega H.

Gara Vega H.

Canarian journalist specializing in political analysis and the economy of Southern Europe. Her work is defined by a cross-cutting approach that combines institutional rigor, social sensitivity, and a deep understanding of Atlantic dynamics between Africa, the Americas, and Europe. She holds a degree in Journalism from the Complutense University of Madrid and a master’s degree in International Communication from the University of Strasbourg. She began her career in the newsroom of Axel Springer. One always returns.

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