LNG Demand for Marine Fuel Set to Skyrocket by 2030

LNG Demand for Marine Fuel Set to Skyrocket by 2030

Global LNG demand growth will be supported not only by higher power and gas consumption but also by surging demand from the shipping industry, where liquefied natural gas is poised to become key to replacing the dirtier fuel oil and other oil-based marine fuels.  Demand for LNG bunkering is expected to at least double by the end of the decade, industry executives and experts have told Reuters. “LNG is great because the infrastructure is there. I…

LNG Demand for Ships Set to at Least Double by 2030 Globally - Energy News, Top Headlines, Commentaries, Features & Events

Summary LNG bunker volume to top 4 mln T in 2025, double by 2030 -Rystad TotalEnergies sees LNG, bio-LNG bunker demand at 15 mln T by 2030 Abundant supply to lower LNG prices, improve demand IMO vote on net zero plans could accelerate LNG demand SINGAPORE, Oct 2 (Reuters) – Demand for liquefied natural ...

LNG demand for ships set to at least double by 2030 globally

Demand for liquefied natural gas (LNG) as a marine fuel will at least double by 2030 as abundant supply and rising emissions regulations spur orders for ships that can run on it, industry ...