Small scale: We seem to be beyond the worst chicken & egg discussions
● First motivation:
Lack of pipelines – this gave small ships and trucks • Now economic to transport by truck, in several places more than 500 km!
● Second motivation:
LNG as bunker fuel – reduce emissions of SOx and NOx • Local ferries, international ferries, merchant ships with base, deep sea ships next?
● Third motivation: LNG can be cheaper than oil over time – globally!
Initially only new-builds – conversions next?
BUT, what if oil stays low for a sustained period??
Infrastructure is changing, too
● Taking proven technology from larger scale operations to small scale •Truck market and blending in biogas new trend in several countries
● From dedicated/ integrated to third party access – port services
Products and contracts
● Long term, binding volume & price – short, more standard, quick negotiations?
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