The webinar, titled “The Changing Dynamics in the LNG Shipping Market,” was held on the 14th of September 2022 and saw three global experts explore the remarkable revival of Floating Storage and Regasification Units (FSRUs) , Europe’s determination to end its dependence on Russian gas imports, changing LNG trade routes and how the industry can meet tougher environmental rules.
With nearly 400 of the 640 existing LNG carriers unlikely to comply with International Maritime Organization’s (IMO) carbon intensity indicator from 2025 onwards, owners are now looking to convert their older ships to FSRUs to facilitate LNG imports. However, this presents another dilemma, because conversions will take shipping capacity out of the market, creating more supply pressure.
Guest speakers:
Andy Parums, Oil and Gas Industry Expert.
Edward Gomersall, Global Head of Gas, LNG and Coal Research, Refinitiv
LSEG.
Patricia Roberts, Managing Director, LNG Worldwide.