A review of demand prospects for Natural Gas as a transport fuel
In 2014, OIES published a paper in on the prospects for gas in the transportation sector with particular focus on Europe. This paper will update that research and take a global perspective with particular focus on using LNG in the marine sector where environmental restrictions are pushing ship owners and operators to consider alternatives to fuel oil. Activity is increasing with a growing number of LNG bunkering sites and LNG fueled vessels being built. The paper will look at how the market might develop and the possible implications for additional LNG demand in key regions. The paper will also briefly consider the role for natural gas in the inland transportation markets in those countries where prospects appear positive.