Liquefied Natural Gas (LNG) as a marine fuel is experiencing a resurgence, solidifying its position as the most mature alternative shipping energy source.
Over two decades of technological advancements, supply infrastructure, and regulatory frameworks have made LNG a viable option for operators aiming to reduce the energy intensity of their fuel.
However, as new alternative fuel options emerge, LNG’s status requires addressing key challenges. The new Fuel for thought LNG report delves into the essential latest status of this fuel, including:
Methane Abatement: Reducing emissions of unburned methane, known as methane slip, which significantly impacts the tank-to-wake advantages of LNG.
Cleaner Production: Enhancing greenhouse gas emissions reductions across the LNG supply chain, with green liquefaction already reducing GHG emissions by 10%.
Environmental Certification: Recognizing upstream GHG improvements in current regulations to stimulate the uptake of cleaner LNG.
Carbon Capture and Storage: Leveraging LNG’s clean-burning properties to apply carbon capture technologies, further reducing the overall carbon content of the fuel mix.