Marine Link
Thursday, March 28, 2024

Floating LNG Converters to be in Demand

Maritime Activity Reports, Inc.

December 17, 2010

According to a report from Bloomberg, liquefied-natural-gas tankers that can convert the liquid to gas onboard will be in increasing demand in the next 10 years as rising electricity production boosts consumption of the fuel, according to Teekay LNG. Teekay has identified 30 sites that in the next five years may require floating regasification tankers, including China, Brazil, Dubai, Kuwait, Bangladesh and some islands in Indonesia.

(Source: Bloomberg)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week