Friday 25 April 2014

EU's merchant fleet aims to run on LNG by 2025

EU's merchant fleet aims to run on LNG by 2025:



"The EU is setting in motion its project of providing incentives and provisions for the shipping fleets of its member states to run on LNG from 2025 onwards.



This signals great growth of the gas commodity and already major players such as Qatar are moving forward into acquiring positions and making deals, by starting off from Greece which boasts the largest commercial marine fleet in the world.



Greece's Ministry of Maritime Affairs has already assured local ship owners that the transformation of their engine fuel that comes with a significant cost can be initially subsidized from available EU funds during the course of the next decade."



'via Blog this'

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