Natural gas fell to 3.62 USD/MMBtu on June 9, 2025, down 4.40% from the previous day. Over the past month, Natural gas's price has fallen 0.78%, but it is still 24.48% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on June of 2025.

TTF Gas fell to 36.52 EUR/MWh on June 6, 2025, down 0.34% from the previous day. Over the past month, TTF Gas's price has risen 6.64%, and is up 9.97% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on June of 2025.

Dutch TTF gas futures amounted to ***** euros per megawatt hour on June 2, 2025 for contracts with delivery in July 2025. Figures decreased compared to the previous week, but were higher than they had been a year prior. Dutch TTF is seen as a Europe-wide natural gas price benchmark. Europe more reliant on imports The Groningen gas field is the largest gas field in Europe and the major natural gas source in the Netherlands. In 2014, the first earthquake related to drilling the field occurred, and other seismic activities were also observed. Therefore, the Groningen field has drastically reduced its production output. Since then, natural gas production in the Netherlands has been in a trend of continuous decline. To balance the diminished domestic production, the European market relies on liquefied natural gas imports and pipeline inflow. LNG pricing across European regions The European gas market exhibits regional variations, as evidenced by LNG prices in different parts of the continent. The Southwest Europe LNG price is generally slightly higher than LNG prices in Northwest Europe. The latter reached around ** U.S. dollars per million British thermal units in June 2025.

Southwest Europe (SparkSWE) LNG price reached ***** U.S. dollars per million British thermal units on June 2, 2025 for delivery in July. This was an increase compared to the previous week, whereas the Dutch TTF price decreased. SparkSWE LNG futures reflect trading to markets in Portugal and Spain.

Northwest Europe (SparkNWE) LNG futures stood at ***** U.S. dollars per million British thermal units on June 2, 2025, for delivery in July. The Dutch TTF gas price, Europe's benchmark for natural gas decreased that week. SparkNWE LNG prices reflect trading with major importers in Northwest Europe, among them France, the Netherlands, and the United Kingdom.

Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.

UK Gas fell to 82.28 GBp/thm on June 9, 2025, down 3.15% from the previous day. Over the past month, UK Gas's price has fallen 1.45%, but it is still 0.95% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on June of 2025.

The size of the China LNG Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.00% during the forecast period. China LNG has dramatically expanded in recent years. In fact, China is the world's largest importer of liquefied natural gas (LNG). Being determined to decrease its reliance on coal, which has contributed hugely to air pollution and greenhouse gas emissions, the country has also targeted the use of alternative energy sources. This drive of the government to promote a cleaner alternative in the form of natural gas has largely taken the shape of increased L N G imports, and major terminals are being constructed along the coast to accommodate this growth. Mixing long-term contracts with spot market purchases would give the flexibilities in sourcing this commodity. Further, very heavy investments have been made in home country infrastructure, as witnessed by pipelines and storage facilities in place to back further growth of natural gas application for heating residential needs, for power generation, and for industrial use. Improved regasification technologies are also enhancing efficiencies while reducing the costs. However, global LNG prices are still volatile and geopolitics in some form or another create tensions, and other energy sources continue to compete with it. Since China aims to eventually become a more sustainable energy model for the future, the prospects for the LNG market are ready to play an even more critical role in fulfilling the country's needs while supporting economic growth with friendly efficiencies for the environment. The future of China's general LNG market is bright as part of a far broader trend toward a cleaner energy future. Recent developments include: In 2022, the Tianjin LNG terminal went under construction with a capacity of 5 metric tons per annum. The project received a sovereign loan from Asian Investment Bank (USD 500 million) and New Development Bank (EUR 430 million) in March 2021., In September 2021, China's state-controlled government, Sinopec, started constructing the Longkou LNG regasification terminal with a capacity of 6.5 metric tons per annum. The terminal is expected to be commissioned by October 2023.. Key drivers for this market are: 4., Rising Industrialization across the Globe4.; Increasing Utilization of Natural Gas. Potential restraints include: 4., High Cost of Installation and Maintenance. Notable trends are: LNG regasification will dominate the market..

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Liquefied Natural Gas (LNG) Bunkering Market Size 2025-2029

The liquefied natural gas (LNG) bunkering market size is forecast to increase by USD 1.59 billion at a CAGR of 21.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing supply of LNG and the rising demand for cleaner fuels in the maritime industry. However, this market is not without challenges. High capital requirements for using LNG as a marine fuel can pose a significant barrier to entry for some players. Furthermore, regulatory hurdles impact adoption, as various international and regional regulations governing LNG bunkering and safety standards continue to evolve. Supply chain inconsistencies also temper growth potential, as the availability and reliability of LNG supply infrastructure remain crucial factors in the market's development. As the world shifts towards reducing carbon emissions, LNG is becoming an increasingly popular choice as a marine fuel due to its lower carbon footprint compared to traditional fuel oils and crude oil.
To capitalize on market opportunities and navigate challenges effectively, companies must stay abreast of regulatory developments, invest in infrastructure, and build strong partnerships with suppliers and logistics providers. By doing so, they can position themselves to benefit from the growing demand for cleaner fuels and the expanding LNG bunkering market. As the maritime industry shifts towards eco-friendly shipping options, LNG-driven ships are gaining popularity due to their lower sulfur emissions compared to Heavy Fuel Oil (HFO), Marine Gas Oil (MGO), and MDO.

What will be the Size of the Liquefied Natural Gas (LNG) Bunkering Market during the forecast period?

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The LNG bunkering market is experiencing significant activity and trends as the maritime industry transitions to cleaner fuels. LNG demand continues to rise, driven by the adoption of dual fuel engines and LNG as a fuel for boilers. LNG distribution is evolving with advancements in transfer systems, such as cryogenic transfer and vapor recovery, and the integration of LNG with renewable energy sources. LNG production is increasing, with new liquefaction plants coming online, and LNG pricing models are being refined through futures markets and risk management strategies. The LNG spot market is becoming more volatile, necessitating effective hedging and contract negotiations. Additionally, the demand for LNG bunkering is increasing due to the growing popularity of LNG as a cleaner alternative to traditional fuel sources in the maritime industry. Another significant factor influencing the LNG market is the fluctuations in global oil and gas prices, which can impact the profitability of LNG producers and consumers.
Sustainability is a key focus in the LNG industry, with initiatives to reduce emissions through carbon capture and the development of LNG biofuel and biogas. Gas-to-liquid technology is also gaining attention as a potential solution for decarbonizing the industry. LNG handling systems are being optimized for efficient and safe operations, with a focus on reducing emissions and minimizing environmental impact. The use of LNG in shipping is expanding, with the industry aiming for a greener future. Despite challenges, such as price fluctuations and the need for infrastructure investments, the LNG market remains a dynamic and innovative space, driving progress towards a more sustainable maritime sector. LNG is increasingly utilized in power generation, particularly in electric power and distributed power projects, as an alternative to traditional fossil fuels like coal and oil.

How is this Liquefied Natural Gas (LNG) Bunkering Industry segmented?

The liquefied natural gas (LNG) bunkering industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Tanker
  Ferry and ro-ro
  Container
  Others


End-user

  Commercial
  Defense


Product Type

  Ship-to-ship
  Port-to-ship
  Truck-to-ship
  Portable tanks


Geography

  North America

    US


  Europe

    Denmark
    France
    Germany
    Norway
    The Netherlands
    UK


  APAC

    China
    Japan
    Singapore


  Rest of World (ROW)

By Application Insights

The tanker segment is estimated to witness significant growth during the forecast period. The maritime industry is witnessing a shift towards cleaner and more sustainable marine fuels, with LNG emerging as a prominent alternative to traditional bunker fuels. Container shipping, a significant sector in the shipping industry, is leading the way in LNG adoption. LNG bunkering investments are surging to support the growing demand for carbon-neutral marine fuel. Offshore vessels and LNG stora

Graph and download economic data for Global price of LNG, Asia (PNGASJPUSDM) from Jan 1992 to Apr 2025 about Asia, World, and price.

About the ProjectKAPSARC is analyzing the shifting dynamics of the global gas markets, which have turned upside down during the past five years. North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.Key PointsThough Africa is traditionally considered as an exporter of pipeline gas and liquefied natural gas (LNG), in future it could come to be seen as an LNG market. Until recently, financing issues, market conditions, price sensitivity and the small size of the individual gas markets were all strong deterrents to sellers looking at Africa as an LNG destination, even though the region’s per capita energy consumption is very low and there are hundreds of millions without electricity and modern cooking facilities. But now the situation has fundamentally changed because, faced with the slowdown in Asian LNG demand and a global LNG oversupply, sellers are looking for new markets. At the same time, LNG has become more affordable, more flexible and is increasingly sold on a spot basis. So now, gas can be part of the solution to developing Africa’s electricity generation, along with renewables. Most African countries would need small initial volumes to feed the integrated LNG-to-power projects that sponsors are considering. This could lead to a further development of gas demand in other sectors as gas supply becomes available and infrastructure is developed. The majority of countries are opting for floating storage and re-gasification units (FSRUs), enabling faster implementation. The new markets could benefit from the proximity of existing African LNG suppliers, and future projects in Cameroon and Eastern Africa as suppliers optimize shipping distances. The key issues of financing and the role of the state see investors looking for governments to provide regulatory and political clarity to prospective sellers, financial institutions to facilitate access to capital and LNG suppliers that will accept the risk of delivering to these new markets. The choice of pricing mechanism and contract commitment will be key for their viability. The intended gas and power markets for these new LNG projects will only be developed if domestic gas and electricity buyers can secure their offtake liabilities and ability to pay for the energy to the satisfaction of lenders.

Liquefied Natural Gas (LNG) Market Outlook

The global Liquefied Natural Gas (LNG) market is poised for significant growth, with its market size projected to expand from approximately $150 billion in 2023 to $250 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of around 6%. This growth is driven by a combination of factors, including increasing energy demand, a shift towards cleaner energy sources, and advancements in LNG technologies that make the transportation and storage of natural gas more efficient and cost-effective. The market's expansion is also influenced by geopolitical factors and policy incentives that favor cleaner fossil fuels over traditional coal and oil.

One of the critical growth factors in the LNG market is the global push towards reducing carbon emissions and enhancing energy security. As countries worldwide aim to meet international climate commitments, LNG serves as a cleaner alternative to coal and oil, offering a reduction in greenhouse gas emissions. This environmental advantage, coupled with the abundance and reliability of natural gas as a resource, makes LNG an attractive option for energy portfolios. Additionally, technological advancements in LNG infrastructure, including improved liquefaction and regasification processes, have reduced costs and increased the viability of LNG as a sustainable energy source. These innovations are essential in meeting the burgeoning energy demands of rapidly industrializing nations.

The demand for LNG is also spurred by its versatility across various applications. From power generation to transportation, and industrial to residential use, LNG's role as a flexible and efficient energy solution is unmatched. In power generation, LNG-fired plants have become increasingly popular due to their ability to provide a stable and scalable energy supply. In transportation, LNG is gaining traction as a marine and heavy-duty vehicle fuel, offering a cleaner-burning alternative to diesel and gasoline. Furthermore, its role in industrial processes, where consistent and high-energy outputs are essential, further cements LNG's increasing importance in the global energy mix.

Another key factor driving the LNG market is the strategic geopolitical realignment and diversification of energy sources. As nations seek to bolster their energy security, the diversification away from politically unstable regions and traditional oil-based energy sources is paramount. Countries in Europe, for instance, are increasingly investing in LNG infrastructure to reduce dependence on Russian gas, while Asian nations continue to lead in LNG consumption due to their rapid industrial growth and urbanization. This shift not only enhances energy security but also encourages international trade and investment in LNG infrastructure, contributing to the market's robust growth trajectory.

Application Analysis

The application segment of the LNG market encompasses several key areas: transportation, power generation, industrial, residential, and commercial use. Within the transportation sector, LNG is increasingly being adopted as an alternative fuel for ships and trucks, driven by international regulations aiming to reduce sulfur emissions from marine fuels. Its cryogenic form allows for efficient storage and transport, making it a viable option for long-haul transportation routes. Shipping companies and logistics firms are investing in LNG-powered fleets to meet these regulatory standards while also benefiting from LNG's cost-effectiveness compared to traditional fuels.

In the realm of power generation, LNG plays a crucial role as a transitional energy source towards a lower-carbon future. Gas-fired power plants are viewed favorably due to their ability to quickly ramp up production to meet peak electricity demands and their lower emissions profile compared to coal-fired plants. As renewable energy sources continue to be integrated into the grid, LNG provides the necessary backup to ensure grid stability and reliability, especially in times of variable renewable energy output. This flexibility enhances its appeal to power producers looking to diversify energy supply sources.

The industrial sector represents another significant application area for LNG. Industries that require high-energy inputs, such as chemical manufacturing, refining, and steel production, benefit from the consistent and high-calorific value of LNG. Its use in industrial processes not only ensures energy efficiency but also aligns with corporate sustainability goals by reducing the carbon footprint of operations. Industries are thus increasin

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Liquefied Petroleum Gas (WPU0532) from Jan 1971 to Mar 2025 about petroleum, fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

Natural gas prices decreased across all major regions in 2024, as supply caught up to higher demand. In Japan, LNG sold for an average of 12.8 nominal U.S. dollars per million British thermal units. Meanwhile, the United States, as the largest natural gas producer worldwide, has significantly lower prices for the fossil fuel. The U.S. has had lower natural gas prices than Europe for much of the past four decades. LNG on the rise LNG is expected to shape much of future natural gas trade. Although pipelines have been the preferred method of transportation for many decades, as Europe shifts away from Russia as its main gas supplier, LNG has become more in demand. The global LNG trade volume has already exceeded 500 billion cubic meters per year, and is expected to continue growing. Countries in Asia have some of the highest landed prices for liquefied natural gas worldwide. Natural gas benchmarks Some of the most closely followed natural gas price benchmarks are the U.S. Henry Hub and the Dutch TTF. The former is an important indicator of the state of the natural gas industry in the U.S., while the latter reflects natural gas market developments in Europe and potential repercussions for consumers.

The global Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) market is experiencing robust growth, driven by increasing energy demand, particularly in developing economies, and a shift towards cleaner-burning fuels compared to traditional sources like coal. While precise figures for market size and CAGR aren't provided, we can infer significant expansion based on industry trends. Considering the widespread adoption of LNG and LPG across various applications – cooking, rural heating, motor fuel, refrigeration, and even gasoline conversion – and the presence of major players like BP, ExxonMobil, and Shell, the market is projected to be substantial. Let's assume, for illustrative purposes, a 2025 market size of $500 billion (combined LNG and LPG) with a Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033. This growth is underpinned by expanding infrastructure, supportive government policies promoting cleaner energy sources, and rising industrialization in regions like Asia-Pacific, which is anticipated to be a key growth driver. However, market expansion faces challenges like price volatility related to global energy markets, environmental concerns surrounding methane emissions (specifically for LNG), and the need for continuous investments in storage and transportation facilities. Different segments will show varied growth rates. For instance, the motor fuel segment is likely to exhibit faster growth due to the increasing adoption of LNG and LPG in transportation, particularly in heavy-duty vehicles. Despite restraints such as price volatility and environmental regulations, the long-term outlook for the LNG and LPG market remains positive. The market’s diverse application across residential, commercial, and industrial sectors ensures resilience against short-term fluctuations. Continuous technological advancements focused on enhancing efficiency and reducing environmental impact, alongside strategic partnerships between energy producers and infrastructure developers, will further propel market expansion. The regional distribution is expected to remain dynamic, with Asia-Pacific and the Middle East & Africa experiencing rapid growth in demand due to their expanding economies and infrastructure development. North America and Europe will likely maintain substantial market shares, driven by existing infrastructure and a continued focus on energy transition. The increasing diversification of sources and global trade will play a role in influencing market dynamics and pricing over the forecast period. A Comprehensive Analysis of the Global LNG and LPG Markets: Trends, Growth, and Future Outlook This report provides an in-depth analysis of the global Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) markets, offering invaluable insights for industry stakeholders. We delve into market size, segmentation, key players, and future projections, focusing on crucial aspects impacting growth and investment decisions. The report utilizes proprietary data and industry expertise to deliver actionable intelligence on this dynamic sector.

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching ***** U.S. dollars per million metric British thermal units in April 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends. Natural gas prices become less volatile The Asian LNG market experienced less turbulence in 2023 compared to the previous year, with price volatility dropping to ** percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at ***** index points in March 2025, showing a decrease of nearly ** points that month. This upward trend in natural gas prices contrasts with the comparatively lower crude oil price indices and follows greater heating demand in the winter months. Landed prices vis-à-vis export prices Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately ***** U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to **** U.S. dollars per thousand cubic feet in 2023, down from ***** U.S. dollars the previous year.

Natural gas liquid (NGL) production proportionally grows with natural gas extraction. The popularity of advanced extraction techniques like hydraulic fracturing has bolstered shale gas production, giving processors a steady revenue flow. The pandemic weakened industrial production and residential and commercial construction, leading to an oversupply of NGLs and causing prices to plummet. This quickly reversed as the economy reopened and natural gas prices surged, spiking production. This growth lasted until 2024, when prices eventually settled down as supply shortages slowly began to wane. Even so, industry-wide revenue swelled at a CAGR of 3.0% through 2024, reaching $94.5 billion, including a modest 3.1% uptick in 2024 alone. Profitability also swelled as processors passed on price hikes to consumers. The ongoing Russia-Ukraine conflict has created NGL supply woes in Europe as Russia has reduced its exports. These supply woes have opened the door for domestic NGL processors to take advantage of the favorable price environment in Europe and strengthen exports. This uptick in demand mitigated the appreciation of the US dollar, which made domestic NGLs more expensive. Through 2029, revenue is set to contract as natural gas prices normalize, following highs over the current period. Nonetheless, expanding industrial production and natural gas extraction will provide processors with a steady stream of business. Even so, with the future of hydraulic fracturing in the air, future regulations can severely hinder production. As European countries look to reduce their dependence on Russian NGLs, exports will remain strong. NGL processors may face headwinds following the passing of the Inflation Reduction Act as it provides tax incentives for households purchasing electric stoves and fees on methane emissions. Overall, revenue is set to dip at a CAGR of 0.9% through the end of 2029 to total $90.3 billion.

The global liquefied natural gas (LNG) market, valued at $271.04 billion in 2025, is projected to experience robust growth, driven by increasing global energy demand, particularly in emerging economies seeking cleaner alternatives to coal. The 3.5% CAGR (Compound Annual Growth Rate) indicates a steady expansion over the forecast period (2025-2033). Key drivers include the rising adoption of LNG for power generation, particularly in regions with limited pipeline infrastructure, and its increasing use as transportation fuel in the maritime and heavy-duty trucking sectors. Furthermore, the growing demand from the mining and industrial sectors, requiring reliable and efficient energy sources, significantly contributes to market growth. Technological advancements in liquefaction techniques, such as APCI and Cascade liquefaction technologies, are enhancing efficiency and reducing costs, further stimulating market expansion. However, price volatility of natural gas, geopolitical instability impacting supply chains, and environmental concerns regarding methane emissions pose potential restraints to market growth. Leading players like Cheniere Energy, ConocoPhillips, and QatarEnergy are strategically investing in expanding production capacity and exploring new markets to capitalize on this growth trajectory. Regional variations exist, with North America and Asia-Pacific expected to be key contributors to market expansion, driven by robust demand and ongoing infrastructure development. The market segmentation reveals significant opportunities within specific application areas. Transportation fuel, benefiting from the maritime sector's transition to cleaner fuels, is witnessing rapid growth. Simultaneously, the increasing electrification of power grids presents a challenge but also opens avenues for LNG as a backup and peaking power source. Within liquefaction technologies, APCI and Cascade technologies are gaining traction due to efficiency and scalability. The competitive landscape involves major energy companies engaged in fierce competition to secure and deliver LNG supplies globally, driving innovation and optimizing supply chains. The period from 2019 to 2024 established a strong foundation for future growth, setting the stage for a sustained expansion in the LNG market over the next decade.

The size of the Brazil LNG Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00% during the forecast period. The Brazil LNG market is growing fast as a consequence of increasing energy demand in the country and the push towards cleaner sources of fuel. Brazil is determined to diversify its energy matrix and, in this way, decrease dependence on hydroelectric power because it's often exposed to droughts, and the role of liquefied natural gas becomes strategic. The Brazilian government has identified LNG as an important component towards augmenting energy security-especially for power generation and industrial application. In addition, LNG infrastructure has been added to Brazil over the recent past; significant additions were construction and building of import terminals and regasification facilities along its coast, which provide better access to global LNG supplies. Notably, in the recent past, Brazil has been quite active in long-term contracts and spot market purchases that allow access to diversified sources of LNG supply, particularly from suppliers in the United States and Qatar. However, the market is also subjected to challenges such as ever-changing global LNG prices, uncertainty in a regulatory environment, and competition from domestic natural gas production. Besides these, concerns related to usage of fossil fuel pertaining to environment and significant pressure on renewable energy sources, the investment preference is changing. Despite these challenges, Brazil LNG has some chances of expansion, particularly with government initiatives aimed at promoting the use of natural gas and further developing the infrastructure. In this respect, the country looks toward a sustainable energy future with LNG leading the way in ensuring such a steadfast future. Recent developments include: In January 2022, Brazilian state-run oil company Petrobras announced that it imported a record 23 million cubic meters per day of liquefied natural gas (LNG) in 2021, a volume about 200% higher than the one recorded in the previous year (2020). The company imports LNG from countries such as the United States, Trinidad & Tobago, and Qatar., In December 2021, Excelerate Energy L.P. announced that it commenced natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador to Bahia, Brazil. Excelerate's Floating Storage Regasification Unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173 400 m3, is delivering regasification services at TR-BA. The terminal has a regasification capacity of up to 700 million ft3/d.. Key drivers for this market are: Rising Industrialization across the Globe, Increasing Utilization of Natural Gas. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: Regasification Sector to Witness Significant Growth.

The continued growth of Liquefied Natural Gas (LNG) production and long-distance trade has traditionally been taken as a given by global energy analysts, who have premised their positive estimates on gas being both relatively scarce and demand for it virtually unquenchable. Unfortunately, current conditions in the global energy market suggest that what many have predicted as a near perpetual increase in the volume of traded LNG is in fact a bubble that is now in the process of bursting. This report represents the efforts by the University of New Orleans Transportation Institute (UNOTI) beginning in 2014 to assist the Port of New Orleans (PONO) in evaluating the feasibility and best practices of equipping the PONO for potential storage and shore-side infrastructure for fueling vessels powered by LNG, as well as research into the feasibility of the widespread use of LNG as marine fuel, considering the new United Nation’s International Maritime Organization’s (IMO) MARPOL Annex VI maritime emissions regulations set to take effect in 2020. Additionally, this report examines both the short and long-term factors behind this new thinking about LNG, explore what it implies for the several multi-billion-dollar export projects being built in Louisiana, and the feasibility of LNG as a US export commodity and industrial feedstock to the petrochemical industry. This report concludes by suggesting that development policy aiming to assist LNG export projects are likely misplaced, and that a primary focus on value-added petrochemical manufacturing, with a secondary value as potential for a marine fuel, is a more robust path for the region’s policymakers to take.