IS THE WORLD BANK WRONG ABOUT LNG?

The Supporting Role of LNG in Sustainable Green Marine Fuels

BE&R, Rise-X, SGMF Asia Pacific and SLNG hosted a live presentation and panel discussion around the future of LNG

Mark Evans and Nick Bentley from BE&R, Captain Walter Purio from Rise-x and Eduardo Perez hosted a live panel discussing the World Bank’s report on future fuels. Here we challenge the World Bank’s position and put forward the supporting role LNG plays in moving toward a sustainable shipping industry.

Please join BE&R Directors Mark Evans, Nick Bentley, Small-LNG‘s Eduardo Perez Orue and Captain Walter P. Purio of Rise-X for this presentation and panel discussion:

For those of you who would like a copy, BE&R’s slide deck is available for viewing on LinkedIn.

Here we challenged the World Bank’s position and put forward the supporting role LNG plays in moving toward a sustainable shipping industry.

Jump straight to the key questions discussed below:

20:41​ – Is the World Bank correct, should we invest in LNG and how?

31:57​ – What is the effect of the implementation of IMO 2020 for LNG usage in SEA?

37:58​ – Can we increase uptake rate of green fuels such as Ammonia and Hydrogen through the use of LNG?

45:47​ – Why are governments afraid to enforce the “LNG rule”?

53:38​ – Will a Carbon Credit type approach incentivise owners to use alternative fuels?

58:57​ – Do we have to migrate to Green Ammonia first in order for the solution to make sense, what are the cost restrictions?

1:03:01​ – Will green fuels (Ammonia/Hydrogen etc) be available at scale by 2030?

1:09:55​ – With so much discussion on Ammonia replacing LNG as fuel, how do you convince banks to finance LNG bunkering facilities?

1:13:17​ – Classification Societies such as DNV have been promoting LNG since 2000, why has there only been an uptake in the last 5 years, how should we deal with the “Chicken and Egg” scenario for Ammonia?