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Global sulphur cap may boost O&M infrastructure

Projected uptake in LNG as marine fuel seen spurring investments in LNG-fuelled vessels and other supply-chain assets

Published Wed, Jan 4, 2017 · 09:50 PM

Singapore

THERE is hope within the offshore and marine (O&M) industry that with the International Maritime Organization (IMO) paving the way for a 2020 global sulphur cap, demand is set to expand for marine infrastructure required in the liquefied natural gas (LNG) bunkering value chain.

IE Singapore in its recently published insights on the LNG market identified this as an opening for O&M players seeking to tide over a drastic decline in contracting opportunities in the upstream oil & gas sector.

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