Small LNG Tankers Coming

Small Ships Are Next Big Thing for LNG (Bloomberg)
Anna Shiryaevskaya (Oct. 09): Giant ocean-going tankers built the LNG industry into a US$150-billion-a-year business. The next expansion opportunity may come from ships a seventh of the normal size… The International Gas Union classifies a small-scale LNG vessel as one with capacity under 30k cubic meters… Global small-scale production is about 25 million tons per year. That’s a tiny part of the entire LNG industry, which handled more than 300 million tons last year. Still, the small-scale end of the business may grow six per cent a year, according to the IGU.

Link to Content

Copyright © 2020, LNG Allies

All Rights Reserved