The LNG as a fuel market will see CAPEX of $1.164bn in 2015 according to Visiongain's new report

LONDON - Nov. 12, 2015 - PRLog -- ENE0029 PRESS RELEASE: LNG AS A FuEL market to register capital expenditure of $1.164bn in 2015 SAYS VISIONGAIN REPORT

LONDON, UK. 12^th August 2015: Visiongain’s new 201 page report Liquefied Natural Gas (LNG) as a Fuel Market Report 2015-2025: CAPEX on Bunkering Facilities, Vessels, Fuelling Stations, Vehicles, Locomotives and Non-Transport Applications indicates that the LNG as a fuel market will see CAPEX of $1.164bn in 2015.

The lead analyst of the report commented that, “Increasingly stringent emission regulations and favourable fuel costs are driving investment in the use of LNG fuel. Spending on LNG bunkering facilities and LNG fuelled vessels is based on long term views on fuel pricing and is less affected by the current low oil price environment. There is strong governmental support for establishing LNG fuelling infrastructure for cleaner burning vehicles and vessels, while LNG fuel can have a variety of functions including rail and non-transport applications.”

The report contains 127 tables and figures that add visual analysis in order to explain developing trends within the LNG as a fuel market. Visiongain provides individual regional forecasts, in terms of capital expenditure (US$), for the period 2015-2025. In addition to these global forecasts, there are six submarkets individually analysed and forecasted for the global market and for each regional market.

Tables detailing LNG bunkering projects (operational, under construction and planned), LNG fuelled vessels (operational and on order), LNG fuelling stations and LNG locomotive development programs are included in the report. The report is also informed by expert opinion and the transcripts of interviews with Skangas, Rolande LNG and Swedegas provide insight into the overall industry and current market trends.

The market has been broken down into the three leading regional markets (Asia Pacific, Europe, North America), plus the RoW, and the CAPEX forecasts are further subdivided in each region by six submarkets (LNG Bunkering Facilities, LNG Fuelled Vessels, LNG Fuelling Stations, LNG Fuelled Vehicles, LNG Fuelled Locomotives, Non-Transport). The LNG bunkering facilities submarket is further broken down by facility type (Ship to Ship, Truck to Ship, and Stationary) and the LNG fuelled vessels submarket by Newbuilds and Conversions, with individual ten-year CAPEX forecasts provided for each category. In addition, the report contains profiles and analysis of the main technology and equipment providers in the market and discussion of other important companies in the market.

The Liquefied Natural Gas (LNG) as a Fuel Market Report 2015-2025: CAPEX on Bunkering Facilities, Vessels, Fuelling Stations, Vehicles, Locomotives and Non-Transport Applications report will be of value to anyone who wants to better understand the industry and its dynamics. It will be useful for businesses already involved in any of the identified submarkets, or for those wishing to enter this evolving market in the future. It will also benefit companies and research centres that wish to broaden their knowledge and understanding of a niche market that is forming an important role in marine, road and rail transportation.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.