The Flexibility Factor: Energy Transfer Insights
■The growing global climate crisis is necessitating the search and need for cleaner energy choices. The changing market dynamics is driving evolution and growth within a number of sub segments such as liquefied natural gas (LNG) fueling.
■LNG fueling is becoming an alternative choice for shipping lines wishing to reduce their carbon footprint with immediate impact. Today, there is around 20% less CO2 and virtually zero NOx and SOx – this has contributed to the development of new markets within the LNG industr y, initiating unprecedented levels of ship and bunker vessel building, and new gas train construction.
●Growing Demand for LNG Infrastructure:
■Developing economies are creating new markets and applications and driving demand for reliable and durable LNG infrastructure. This consists primarily of tankers, import and export terminals, floating storage facilities, bunker vessels and inland storage plants.
■The need to meet sustainability goals in more mature global markets is accelerating infrastructure changes. As LNG applications evolve, facilities must adapt innovative infrastructure and vessels to ensure they continue to operate safely, efficiently, cost-effectively and timely.
■As the move toward a carbon-neutral economy gains momentum, the demand for LNG and its related infrastructure will only increase.
●Spot Contracts Demand Operational Flexibility
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White Paper |
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Please see the document for details |
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English Chinese Chinese and English Japanese |
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2021/11/18 |
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3.8 MB |
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