The American Bureau of Shipping releases the LNG Value Chain

The American Bureau of Shipping has released the publication entitled LNG Value Chain.

The upstream, midstream, and downstream operations of the LNG value chain are analyzed in this new ABS publication, along with the latest trends and innovations.

The publication explores the intricate production, distribution, transport, and supply systems of the liquefied natural gas industry.

“LNG is already playing a leading role in the energy transition and is the fuel of choice for many owners ordering vessels today, making a useful contribution to improving their Carbon Intensity Indicator (CII) trajectory. The LNG value chain is the subject of significant global investment and has to respond dynamically to geopolitical drivers that change the calculus in terms of demand and supply as well as new technologies and regulation. Understanding these shapers and the shifting landscape of the industry is increasingly critical for maritime operators,” said Christopher J. Wiernicki, ABS Chairman and CEO. 

In addition to operational insights, the comprehensive paper addresses environmental factors, regulatory frameworks, and efforts to eliminate or mitigate emissions.

The market realities, with a growing LNGC fleet, expanding order book, and contracts shaping the market, are also analyzed.

Finally, the societal perspective is considered, acknowledging how the LNG value chain influences livelihoods and economies worldwide.

“LNG has emerged as a transformative force in the global energy landscape, offering a cleaner and more sustainable alternative to conventional fossil fuels. ABS is proud to offer our industry-leading experience and research in this new report. By providing our insight into the ever-evolving shipping industry, exploring new technology trends and the gray, blue, green classification of LNG, we aim to shed light on the significance of LNG as a vital pillar of the global energy transition,” said Panos Koutsourakis, ABS Vice President, Global Sustainability.

The ABS publication Examining the LNG Value Chain is available for download here.