LNG in marine transport – is it about to become the environmentally-friendly fuel of choice?
The growing level of interest displayed in LNG as a marine fuel, driven by both environmental restrictions and economic attractiveness, means usage is certain to grow. There is, however, less certainty over the pace and scale of demand growth.
In this podcast David Ledesma has a telephone interview with Chris Le Fevre, Senior Visiting Research Fellow at the OIES, to discuss his recent paper “A review of demand prospects for LNG as a marine fuel”.
The discussion centres on the main factors driving LNG demand in the marine sector and the most promising sectors for LNG in global shipping markets. It also discusses the issue of LNG refuelling infrastructure and its impact on market development and the validity of current demand forecasts.