Soft LNG prices fuel small-scale demand
Low prices back buying interest in new and developing markets, including for current and future LNG bunkering needs. Non-LNG producing countries are now keen on factoring in bunkering capabilities at just marginal costs into new gas-to-power projects
LNG bunkering demand is building momentum, with almost 90% of shipbuilding contracts placed for ocean-going vessels in South Korea, China and Japan going for LNG dual-fuel engines, according to Gas Entec