LNG

Poor economics hold back US LNG bunkering

LNG bunkering projects in the US are being stymied by poor economics and a lack of infrastructure LNG bunkering projects in the US are being stymied by poor economics and a lack of infrastructure.
By Therese Robinson 18 September 2017 0 27616
The Xijiang ENN 01, China’s first standardised LNG bunkering barge to provide ship-to-ship refuelling. A Chinese LNG bunkering barge. Projects in the US are proving slow to take off. (ENN)

LNG bunkering has been slower to take off in the United States than in Europe because of a lack of infrastructure and longer payback periods caused by lower oil prices. 

“There is scarce LNG infrastructure in the US to support LNG fuel for ships, which is mostly due to costs, and [...] there are technology challenges and a lack of knowledge of LNG bunkering facilities,” a veteran Boston-based marine industry consultant told Interfax Natural Gas Daily.

Another problem is the current low price of crude oil compared...