LNG Global Economic Trends

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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