Report: LNG Bunkering In The Mediterranean

• 31 Mar 2015

FC Gas Intelligence has produced a report on the status and the prospects of LNG Bunkering in the Mediterranean area. So far Europe’s liquefied natural gas (LNG) bunkering activity has been focused around the north of the continent, Scandinavia and the Baltics. Pilot projects have developed in northern Europe, boosted by strong government support, infrastructure already in place and new environmental regulations, which came into force in January. There could also be huge potential to expand the sector in the Mediterranean for use in tourism and passenger ferries and to tap industrial and domestic gas demand in places which are not connected to gas grids. Whether the region reaches its LNG bunkering potential will depend on how expensive it is to build LNG-fuelled ships, whether the fuel is price competitive with traditional ones and whether the same environmental regulations in the north are applied to the Mediterranean as well. Full report is available here.