Australia’s vast reserves of gas, an impending global LNG supply glut and tightening emission controls mean there is significant potential for LNG to be used as an alternative to diesel and fuel oil, particularly in the marine and haulage markets.
Modelling of future transport fuel consumption by Australia’s Commonwealth Scientific and Industrial Research Organisation suggests gas could provide 5% of all fuel consumed by the transport sector in the country by 2030.
“Our view is that the marine bunkering market and the locomotive market have the greatest...
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