Oil & Gas IQ Industry Survey Reveals 80% of LNG Specialists Believe That LNG Will Become a Widespread Fuel for Ships

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LONDON, December 22, 2017 /PRNewswire/ --

Over the last 12 months, the ECA regulations have continued to drive many decisions in the LNG market. As new LNG infrastructure became operational, and with further projects in the pipeline, LNG as a marine fuel has seen more traction with new LNG vessels on order.

Ahead of the LNG Bunkering Summit 2018, Oil & Gas IQ surveyed over 500 LNG specialists involved in the LNG Bunkering supply chain to gain a deeper understanding of how the sector is continuing to move forward in challenging market conditions; as well as new opportunities and trends for the coming years.

This survey revealed that whilst the industry is on the cusp of dramatic change, it isn't moving forward as fast as original predictions suggested. Slow infrastructure development, the regulatory landscape and competition from alternative fuels are all contributing to the challenges in the sector.

Respondents highlighted that alongside lower costs, technological innovation and partnerships are critical to driving LNG forward as the fuel of the future.

This exclusive research has been collated into a complimentary infographic 'Global LNG Bunkering Survey Results: Promoting LNG as the Fuel of the Future' which is free to download: http://bit.ly/LNGB2018survey

The results of this survey will be the basis of discussions at the 6th Annual LNG Bunkering Summit (29-31 January 2018, Amsterdam) - Europe's largest LNG Bunkering event. ~Senior representatives from Shell, Arista Shipping, Total Marine Fuels, the European Commission, Enagas, National Grid, Seaspan Ferries, MAN Diesel & Turbo Sverige, Port of Miami, Skangas and the Port of Rotterdam will be attending to debate the future of LNG.

For more information or to reserve your place visit http://bit.ly/2CPLanB , call +44(0)207-036-1300 or email [email protected].

Media contact: Nishkala Thiru, +44-(0)20-7368-9300, [email protected]

Press are invited to attend this important industry forum. If you would like a complimentary press pass please email Nishkala Thiru at [email protected]

SOURCE Oil & Gas iQ