LNG: Powering shipping forward has been saved
LNG: Powering shipping forward
Mozambique Domgas Series
The discovery and development of the gas fields in Mozambique will help solidify Africa’s position as a leading global producer of natural gas.
The Rovuma Basin discoveries in Mozambique come at a time when there is worldwide pressure to switch to fuels that have a lighter impact on the environment – the shipping industry is viewing LNG as its fuel of the future.
Furthermore, a major factor influencing the decision to switch fuels is the cost spent on fuel to run ships around the world. The potential to reduce the cost of fuel will enable shipping operators to reduce overall costs in a meaningful way.