LEAD STORY
India’s LNG strategy: Charting a gas-driven energy transition
Written by AJ KotzeIndia's energy landscape has long been dominated by coal; now the Indian government has announced an ambitious pivot, writes our Market Editor Dr Alexander Wilk.
India's energy landscape has long been dominated by coal, which generates roughly 70 percent of its electricity while natural gas accounts for only about 6–7 percent of its primary energy mix. The Indian government has announced an ambitious pivot, aiming to raise gas to 15 percent of the energy mix by 2030 – a target repeatedly emphasised as part of making India a "gas-based economy."
China’s rapid adoption of LNG trucks sales is displacing the use of diesel and other oil products in road transport, impacting global trade flows of both hydrocarbon fuels as well as manufacturing supply chains in the automotive sector; our Correspondent Anja Karl investigates.
Also in this issue
Export volumes fall while demand shows modest growth
Written by AJ KotzeGlobal LNG exports fell 9 percent month-on-month but remained 2 percent higher year-on-year, whilst demand rose modestly by 1 percent, our Market Editor Dr Alexander Wilk reports.
Methane slip measurements to reduce reported GHG emissions
Written by AJ KotzeMethane slip, as based on standard factors, can account for up to 24% of GHG emissions from an LNG-fuelled vessel.
As an alternative to using standard factors for the reporting of CO2 equivalents, direct methane emissions monitoring has the potential to positively impact a ship’s reported carbon footprint, classification society and consultancy, DNV said in a report.
As land-based LNG bunkering infrastructure has become increasingly widespread at ports around the world, many have predicted that the need for ship-to-ship fuel transfers will diminish, but the latest developments in the field are now reshaping this outlook. Fuelling Editor Malcolm Ramsay has more.
A round-up of latest events, company and industry news
Written by AJ KotzeADNOC: ADNOC has signed a 15-year sales and purchase agreement (SPA) with Japanese trading house, Mitsui & C, to supply up to 0.6 mill tonnes per annum of lower-carbon LNG from its Ruwais project.
This marks the fifth long-term LNG SPA for Ruwais LNG and further reinforces ADNOC’s commitment to Japan’s energy security and the supply of cleaner energy worldwide, the Abu Dhabi company said.
