LNG bunkering gathers momentum

By The Wildcat 17 February 2017
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The Stavangerfjord LNG-fuelled ferry. (Kimm Saatvedt, Palookaville) The Stavangerfjord LNG-fuelled ferry. (Kimm Saatvedt, Palookaville)

The gloomy outlook for Europe’s gas-to-power sector has forced suppliers to look elsewhere for possible sources of demand. Only a few years ago, little attention was paid to those who claimed gas for transport could help fill the consumption void, but now more companies are looking at LNG bunkering and its accompanying downstream opportunities as a saviour of European gas.

France’s Total is the latest major to talk up its bunkering game. Olivier Jouny, managing director of Total Marine Fuels, said in December the company aimed to "capture 10% of the global LNG bunker market by 2025", which would represent around 1 mtpa of LNG.

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