UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis

A RECENT study from the University Maritime Advisory Services found that despite the EU investment of US$250 million into LNG-refuelling capacity which was matched by commensurate private sector investment there will be no significant climate benefits to switching from heavier shipping fuels to LNG. 

UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis UMAS warns EU $250 million LNG investment will have no effect on greenhouse emis

LNG MFI CEO Captain Walter Purio

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The report found the total $U500 million expenditure would only provide between 6%-10% emission reductions, far below the EU's commitment to the Paris Agreement.

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