Europe—ready to dock
European passenger boats are looking to LNG for fuel
European port authorities and shipping companies, particularly ferry operators, are developing more liquefied natural gas bunkering facilities as they head towards a gas-powered future. According to a study released in July by Norwegian classification society DNV GL, by 2030 up to 2m cubic meters a year of LNG will be bunkered for ships in the Iberian Peninsula and 8m cm/y by 2050. The estimates, which cover 40 ports, assume a cost of around €1bn ($1.18bn) by 2030 to develop the LNG supply chain. A corner may have been turned in terms of guarantee of supply. The study talks of "a huge potential for LNG as a marine fuel that will utilise the current spare capacity of the existing LNG import t
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
