DNV Reports: Large potential for LNG in regional shipping and power generation

The Joint Industry Project (JIP), which was initiated by DNV during Singapore Maritime Week in 2010, mobilised a consortium of 16 participants from all parts of the LNG value chain. Among the members are Gazprom, Rolls-Royce, Wartsila, Hanjin Shipping, I.M. Skaugen, Keppel, The Linde Group, Trans LNG, DNV, BW group, BBG, the Maritime and Port Authority of Singapore, the two Singapore universities, NUS and NTU. The JIP is also supported by Innovation Norway and The Norwegian Embassy in Singapore. The study examined two areas of future use of LNG in South East Asia. These were LNG for small scale power production in offgrid island regions and LNG as fuel for ship propulsion.
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Source: Shippipedia