Australia shifts to LNG bunkering and transport30 March 2017
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 potential in Australia in the short-to-medium term, with LNG bunkering now relatively established as a practice in Europe and growing in North America,” Nick Rea, business manager at Perth-based EVOL LNG, told Interfax Natural Gas Daily. EVOL provides LNG for heavy-duty vehicles.
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