Greener and cleaner fuel, lower prices and the ability to diversify supply, it is no surprise the industry is experiencing a dramatic growth in demand for small-scale LNG. With the market projected to reach $51.9 billion by 2026, as reported by Research and Markets, it is a truly fascinating area to watch in 2018, especially with the continuously changing regulatory environment.
Chairman of the Gastech Technical Governing Body, Chris Clucas, is an expert on the evolving LNG shipping market. Ahead of September’s Gastech Exhibition and Conference in Barcelona, Gastech Insights spoke with the Group Fleet Director at Bernhard Schulte Shipmanagement to understand what he believes the top ways to develop and lower the cost of small-scale LNG are.
Watch the interview with Mr. Clucas above.
Share your insights and join the conversation: How do you think the market can lower the cost of small-scale LNG? Leave your comment below.
Would you like to share your industry knowledge and speak at one of the world’s largest energy conferences? Submit your abstract on a variety of topics including ‘Small-scale LNG – Project Updates’ for your chance to speak at Gastech 2018 in Barcelona.
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