Refile-global Transport Sector Looks To Ride Natural Gas Boom

"Supplying their ferries with LNG makes AG EMS a pioneer in Germany and sends a clear signal that this low-emission propulsion system has arrived here," said Ruben Benders, managing director at Bomin Linde LNG. In the Belgian port of Antwerp, Europe's second largest, the harbour authority says there are "all kinds of initiatives" through which the use of LNG as fuel for shipping is encouraged. At Rotterdam, Europe's biggest port, LNG also plays an increasing role in transport as the Gate LNG import terminal has begun supplying local river vessels and port tugs, as well as sending it on for use in the Baltic Sea where LNG is also seeing a pick-up in the marine sector. In Asia, Singapore has invested in LNG bunkering capacity in anticipation of rising demand from large ships. Singapore's motivation to enter the gas for transport sector is driven by the expectation of huge growth in China, currently still a small user of natural gas, but where new regulation is aimed at shifting the power generation sector from coal to gas and the transport sector from oil towards more gas use. Energy consultancy Wood Mackenzie says global gas demand in the transport sector could grow from under 5 billion cubic metres (bcm) in 2012 to over 160 bcm by 2030, which would be equivalent to two years' worth of current British gas demand or around 3 million barrels of oil. For the original version including any supplementary images or video, visit http://www.reuters.com/article/2014/02/05/gas-transport-idUSL5N0L51QV20140205