More than ever before, LNG has the opportunity to capture high-horsepower markets as fleets of trucks, ships, locomotives, power units and stationary applications search for low-cost, clean, secure fuel. Barriers to market entry appear to be falling one after another as industry participants race to build out the required liquefaction and logistics infrastructure. Shell, for example, this year took substantive steps forward in positioning to supply marine, trucking and industrial customers through a combination of investment in new liquefaction capacity and expanded relationships.
This year, UPS announced expansion of the company’s LNG fleet running on 18 wheels from the 112 vehicles at the beginning of the year to 800 by the end of 2014. Cummins during 2Q 2013 began shipping the next generation of engines making LNG-fueled long-haul even more viable.
An expanding supply network is readying facilities to distribute LNG, as multinational corporations involved in international LNG trade are recognizing and investing in downstream LNG-fuel markets – including Shell, ConocoPhillips, GDF Suez, ENAP, CNOOC and others. Add to this list the major shale gas producers, including Chesapeake Energy and Encana, as the industry ballons into thousands of organizations offering fuel, equipment, and services.
This conference and exhibition will bring together the leaders in the field to discuss unfolding market opportunities and challenges.
- Review the status of LNG fuel projects in supply, distribution, trucking, marine, rail and industrial applications
- Meet the current contenders in LNG fuels and downstream distribution
- Identify, meet and assess the capabilities of the firms growing the market and industry, including suppliers and customers
- Refresh on development efforts to establish LNG production, distribution and fueling infrastructure
- Assess how the market has developed since last year and examine market drivers for LNG-fueled marine transportation
- Examine the status of efforts to establish new emission control areas (ECAs) within exclusive economic zones
- Refresh on legislative efforts to advance natural gas as domestic fuel, including rectifying the tax penalty paid by LNG over diesel and gasoline
- Examine the latest advancements in technology for LNG-fueled engines, including the status of new OEM models
- Discuss the prospects and challenges and review regulations impacting demand for LNG-fueled railroads
- Examine the latest advancements in such venues as Pakistan, Iran, Argentina, Brazil, India, Italy and China
- Provide opportunities for managements to cultivate alliance partners and measure competitors