GECF member-countries can emerge as global LNG bunkering hubs - The Peninsula Qatar:
The Doha-headquartered Gas Exporting Countries Forum (GECF) has said that its member-countries have great potential to emerge as international LNG bunkering hubs.
As LNG is all set to become a significant fuel in marine transport in long term, the GECF countries should consider becoming first movers instead of just taking a wait-and-see position, said Aydar Shakirov, Gas Transportation & Storage Analyst, Gas Market Analysis Department at GECF.
With International Maritime Organization (IMO) introducing the new sulphur cap of 0.5 percent from 2020, demand for LNG bunker fuel is expected to rise, Shakirov said in an ‘expert commentary’ released by GECF.
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