July / August 2019

LEAD STORY

The natural gas industry experienced a bonanza year with both global consumption and production increasing by more than 5 percent, one of the strongest growth rates in either gas demand or output for more than 30 years, according to the 68th annual BP Statistical Review of World Energy.

Also in this issue

Global LNG trade is expected to reach 546 billion cubic metres per annum by 2024, increasing by 26 percent compared with 2018 and with the bulk of additional imports heading for emerging Asian economies, and especially China.

With development of the natural gas market Shenzhen City in Guangdong Province of southeast China , multi-source patterns have emerged with different gas supplying source, mainly LNG from three import terminals.

The two remaining LNG-fuelled feeder containerships from a series of four classed by the American Bureau of Shipping are being delivered during 2019 from the Wenchong Shipyard in China to the Finland-based company, Containerships.

The International Maritime Organization (IMO) has approved and adopted a comprehensive set of guidelines to support the consistent implementation of the lower 0.5 percent limit on sulfur in fuel oil for shipping, entering into effect from 1 January 2020.