Global demand for natural gas is forecast to increase at an average 1.6% over the next 5 years with emerging Asian markets as the main engine for demand. China alone accounts for a third of global demand growth to 2022 thanks in part to the country’s “Blue Skies” policy and the strong drive to improve...Continue Reading
Finnish shipping company Containerships is pushing forward with its plans to boost the use of liquefied natural gas (LNG) as fuel for ships and trucks in order to reduce emissions and meet tightening IMO regulations. The company has currently four new dual-fuel container vessels under construction at Guangzhou Wenchong Shipyard in China. The short-sea vessels...Continue Reading
About 247 and LNG
“Energy cannot be created or destroyed, it can only be converted from one form to another.”