OPINION

LNG uptake to be steady not fast: Oxford Institute Energy Studies

Demand for LNG fuel in Northern Europe is unlikely to accelerate rapidly over the coming years, as ship owners are likely to opt for LNG for newbuilds rather than retro-fitting their existing fleet, according to a new study from the Oxford Institute for Energy Studies.

The Kairos LNG bunker supply vessel will extend LNG bunkering capacity in Klaipeda in Lithuania

Demand for LNG fuel in Northern Europe is unlikely to accelerate rapidly over the coming years, as ship owners are likely to opt for LNG for newbuilds rather than retro-fitting their existing fleet, according to a new study from the Oxford Institute for Energy Studies.

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