Given that recent IMO 0.5% suplhur cap limit, how do you see the adoption of LNG as a marine fuel developing over the next 5 years?
I am very optimistic about LNG as a marine fuel. The recent IMO 0.5% sulphur cap limit as well as the decision to limit Nox emissions in the Baltic and North Seas clarifies for the shipowners that they have to switch to cleaner fuels. At the same time there is a lot of momentum and collaboration between stakeholders on innovation, sharing and learning on LNG technology, infrastructure and safe and efficient bunkering operations supported by National and EU funding programs. I think that all stakeholders are positively concerned about the sustainable development of the shipping industry and that the switch to be a cleaner fuel is a successful one.
What do you believe to be the best solution to adhere to these new stringent emissions and restrictions and why?
The best solution is LNG marine fuel. LNG meets all current and expected Sox and Nox requirements, eliminates particles and reduces CO2 by at least 20%. LNG marine fuel is available and economically efficient in the long run. The testimonials from the ship-owners using LNG today are positive.
Skangas recently penned a deal to supply LNG to an industrial park in Finland, can you tell us a little about how this collaboration came about and its significance?
Yes great, we have for some time been involved in the development of Suurteollisuuspuisto Industrial Park. LNG is a highly energy efficient and versatile fuel, and the Industrial Park is an excellent example of this. The same fuel can be used by industrial facilities in processes and energy production and also processed into raw materials. All this can be based on a single fuel storage facility, which improves safety in the industrial area. In addition to this, LNG is an easy way to reduce emissions from shipping and other transport – particularly heavy-duty to road transport. Optimizing customer’s energy use is one of our key objectives.
You are speaking at the 3rd CWC LNG Fuels Summit taking place in Amsterdam, can you tell us a little about why Skangas is involved in this Summit and your expectations?
We appreciate and would like to contribute to the CWC LNG Fuels Summit because we value the areana, the format and content and indeed the networking including current and future LNG marine fuel users. I also want to mention the Executive Summary of the Summit as a good way to share the key messages.