LEVERAGING TOTAL’S POSITION AS THE 2nd LARGEST LNG PLAYER IN THE WORLD
Total has always been closely involved in the whole natural gas and LNG supply chain, from extraction, transportation, liquefaction and shipping, to regasification, marketing and trading. Our balanced international footprint and recognised expertise across the entire LNG value chain has made us a global leader in LNG in the world.
LNG is becoming an increasingly important component in a world gas market defined by booming demand and boosted by abundant and well-spread reserves over the world. Global LNG bunkering demand is projected to rise from 0.4MT per annum (2017) to 10MT in 2025, which is why Total is investing massively to boost our global presence. In particular, we put a strong emphasis on liquefied gas in our strategy. This offers greater security of supply and flexibility for importing nations because it can be shipped long distances economically.
LNG AS MARINE FUEL
LNG is easily accessible and an abundant energy source. Its calorific value is 15% to 20% higher than conventional fuels making LNG an economically viable combustible fuel.
Stringent environmental IMO regulations coupled with LNG’s significant advantages in terms of availability, technological maturity, affordability, and environmental efficiency will boost LNG use as marine fuel over the coming years.
According to an independent study report commissioned by SEA\LNG and SGMF and published in April 2019, LNG generates almost zero sulfur and particulate emissions and contributes to a reduction of up to 21% of Greenhouse Gas (GHG) emissions Well-to-Wake (WtW) when compared to current, conventional, oil-based marine fuels.
LNG is natural gas that has been cooled down at -163°C to liquid form, reducing the volume by around 625 times compared to its gas state. This makes it easy and safe to transport and store.
TOTAL MARINE FUELS GLOBAL SOLUTIONS MARINE LNG COMMERCIAL DEVELOPMENT
Backed by Total’s worldwide LNG positions covering the main maritime hubs and its many years of expertise accumulated in the LNG industry, Total Marine Fuels Global Solutions (TMFGS) is a trustworthy and reliable Marine LNG supplier capable of offering customised supply solutions as well as technical support for LNG conversion or new-build projects. Our current projects for Marine LNG include developments in Europe (North-West Europe and Mediterranean), Singapore, Oman and China.
TOTAL AT THE FOREFRONT OF THE GAS INDUSTRY
TMFGS is a member of the boards of SEA/LNG and SGMF (Society for Gas as a Marine Fuel) and actively contributes to the development of industry standards in order to reduce the sector’s carbon footprint and develop tailor-made solutions to make ships even more environmentally friendly.