With its eyes set on becoming a leading player in LNG bunkering, French major Total predicts that from 2020 there should be 1 mt of LNG sold every year as bunker fuel, growing to 10 mt by 2025. While this may seem modest when compared to the world’s total LNG supply, it will represent almost 5% of the global bunkering market.
LNG Business Review speaks to Xavier Pfeuty, LNG managing director of Total Marine Fuels Global Solutions (TMFGS), the French major's affiliate in charge of worldwide bunkering, about the company’s trailblazing supply deal with French shipping company CMA CGM, the benefits of being a first mover in the LNG bunkering industry, and how Total’s acquisition of Engie’s LNG business will accelerate its LNG plans.
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