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North European ports to install LNG stations

  19.03.2013    

Northern European ports are planning to install liquefied natural gas (LNG) stations to begin a bunker switch for ships by 2020 as coming regulations demand radical reductions in ship pollution, according to Exim News Service. 
It is forecast to take at least two years before shipping companies begin considering having LNG-powered engines once financing is available, according to reports. 
A shift to cleaner transport is increasingly demanded by maritime environmental regulations. 
The EU draft law proposes to reduce SOx and NOx emissions in marine fuels by 2050, by at least 40 per cent from 2005 levels. 
Sweden's Gothenburg port will invest $155.3 million in an LNG terminal through Dutch oil and gas storage company Vopak and infrastructure firm Swedegas, with bunkering to launch by 2015. Norway has created a state-driven national LNG marine transport fuel storage network. 
The major hubs of Rotterdam and Singapore are in the process of announcing plans to develop facilities. Antwerp is to chair an international working group, to include the leading ports of Amsterdam, Bremerhaven, Hamburg, Los Angeles and Long Beach and Rotterdam, on safe procedures for LNG bunkering, it is learnt. 
Global emission standards have created a need to move away from heavy fuel oil and turn to cleaner fuel, particularly in populated coastal areas, said Clarkson Capital Markets Managing Director, Mr Urs Dur. 
For Royal Dutch Shell, LNG is a future transport fuel and it plans to begin development of two-scale gas liquefaction units in Louisiana and Ontario to be operational by 2016. 
Natural gas will become the world's most popular energy source by 2030, particularly led by its use in the transport sector, taking over oil's dominance of the last 70 years, said Shell in a recent report. 


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