Petronas Expects Doubling of LNG Tankers by 2030

Petronas Expects Doubling of LNG Tankers by 2030

A Senior Executive at Malaysia’s Petroliam Nasional Bhd (Petronas) expects the number of ships running on liquefied natural gas (LNG) to double by 2030, driven by the shipping industry’s desire to cut emissions, according to Reuters.

Head of global LNG bunkering at Petronas Marine, Mohd Rafe Mohamed Ramli, said that 400 ships out of 80,000 are fueled by LNG and this number could increase to 1,000 globally by 2030.

The pressure which has been put on the shipping industry to reduce emissions after new rules have been regulated this year to cut the sulphur content in marine fuels will raise the demand for LNG.

 

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