BTJ 1/17 - Focus: LNG
Publication date: 2017-04-20
Natural gas is a triple-A resource - it is abundant, available, and affordable.
Its carbon emissions are about half those of coal, being at the same time cheaper than renewables to boot. The sharp rise in production of gas from shale rock formations in the United States has led to a supply boom, fuelling in turn export capacity investments. However, experts agree that the very same triple-As have led to an LNG supply glut.
Producers are already seeing an unfavourable supply-demand relation, and they are likely to face even more challenges in the coming years.
To LNG or not to LNG. Supply-demand outlook for Liquefied Natural Gas, by Katarzyna Chmielewska
The 1/2017 issue of Baltic Transport Journal in the Focus section features also:
- The better option. LNG-supplying fist green shipping movers, by Mahinde Abeynaike, Nauticor's CEO
When Nauticor - formerly known as Bomin Linde LNG and re-named after the Linde Group took over 100% stake last year - was founded in 2012, Liquefied Natural Gas (LNG) was beginning to become an attractive option for ship-owners to comply with stricter emissions regulations, while keeping compliance costs at a feasible level. One aspect of the new fuel that caused some concern was the question of supply, worrying ship operators that they would be left high and dry with new gas engines, but without any LNG.
- Future-fit fuel. Could 2020 facilitate a marine bunker tipping point for LNG?, by Steve Esau, General Manager, SEALNG
As a clean and competitively-priced fuel, Liquefied Natural Gas (LNG) remains one of the most promising solutions for reducing emissions from shipping. However, despite all its advantages, a number of barriers are stifling the widespread uptake of LNG as a marine bunker. Then again, the 2020 global 0.5% sulphur cap may as well be a breakthrough moment in this regard.
- Pros and cons. Issues behind the Russian LNG industry's development, by Inessa Shahnazarova, Head of the Analytical Department, and Ekaterina Vankova, Senior Marketing Manager, Vostock Capital
Ahead of our March LNG Congress Russia 2017 in Moscow, we surveyed over 150 project managers, experts, contractors, technology and equipment developers and suppliers, along with consultants and researchers, asking them about key challenges Russia's Liquefied Natural Gas (LNG) industry and market are facing today, what the most promising projects already in place are and planned across the country, as well as how Iran can change the gas game.