GECF Participates in Offshore South East Asia Conference (OSEA 2018) in Singapore
On November 27-29, 2018 the Offshore South East Asia Conference (OSEA 2018) was held in Singapore.
The GECF took an active in the conference and shared its views on the development of the LNG bunker fuel market during the panel discussion on the "Role of Small Scale LNG Shipping in Growing Energy Market". The GECF was represented by Aydar Shakirov, Gas Transportation and Storage Analyst at the Gas Market Analysis Department, who addressed the relevant issues together with other panelists representing such companies as Poten & Partners, Norgas, Wärtsilä and Fearnleys.
The GECF delegate highlighted the factors impacting the LNG bunker fuel market, gave assessments on the growth of this market, deliberated on the prospective segments of the shipping industry for LNG bunker fuel utilization as well as evaluated the current state of LNG bunkering infrastructure. He mentioned some ongoing projects in this area in the GECF member countries and stressed that LNG bunker fuel represents new market opportunities for GECF countries.