Asia: DNV sees possible for LNG in Southeast Asia power, shipping fieldsOslo-headquartered risk manager Det Norske Veritas, or DNV, has suggested big capacity for small-scale LNG power generation in Southeast Asia as well as also for LNG as fuel for ships in the region, according to its latest declaration launched late Tuesday.
These searchings for originated from the Joint Market Project, or JIP, initiated by DNV throughout Singapore Maritime week in 2010, and also which entailed 16 participants from the LNG sector.
The research highlighted the expediency of creating LNG-fed small power plants in Southeast Asia on different island areas within 120,000 sq kilometres, which is not connected to a pipeline grid as well as has need of electric power surpassing 500 MW.
It is estimated by 2020, need in eastern Indonesia, south Philippines and also northern Vietnam could require up to 70, 45 as well as 7 50 MW power plants, respectively. Ultimately, approximately 60 small LNG service providers would certainly be required by 2020 to provide LNG to the area.
"Substantial market possibilities will progress throughout the little range LNG value chain in Southeast Asia in the next decade," stated Bjorn Tore Markussen, handling director of DNV's Clean Innovation Centre in the declaration.
In terms of adopting LNG for ship propulsion, the research also offered an opportunity that container feeders might be the first in line. Ferries were also recommended as being well matched to use LNG for propulsion better down the timeline.
Surfactant Manufacturers estimated that around 20% of the regional container feeders are up for renewal by 2020.
On the other hand, Singapore was distinguished as the preferred site for future LNG bunkering in the area because of large delivery volumes, calm seas for bunkering operations as well as ongoing construction of infrastructure for LNG bunkering.
"With the push toward cleaner fuels for ships, the results of this Joint Industry Job are timely in examining the capacity for LNG bunkering in Singapore. LNG's reduced co2 exhausts, minimal sulfur and also nitrogen web content as well as the abundant accessibility, permits it to be a feasible alternative fuel source for ships, which is likewise according to MPA's dedication to promoting environmentally-friendly delivery," said Lam Yi Young, Chief Executive of the Maritime as well as Port Authority of Singapore.
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