Boom times for marine LNG
Environmental regulation, economics and rapidly evolving technology are encouraging the use of liquefied natural gas as a marine fuel
The uptake of LNG in the maritime sector is encouraging developments through the entire value chain, from infrastructure and new vessel orders to engine design, fuel delivery and finance. LNG's appeal as a maritime fuel is fast spreading beyond its traditional limited use as a fuel for dedicated LNG carriers. "I think it's fair to say that virtually every major port authority in the world today that does bunkering is looking at the viability of LNG," says Peter Keller, chairman of SEA/LNG, a multi-sector group created to encourage the widespread adoption of LNG as a marine fuel. Leading Spanish power and gas company Gas Natural SDG estimates that 22% of world bunkering consumption will be LN
Also in this section
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
