Yemisi Izuora
The Nigerian Liquified Natural Gas Limited (NLNG) has called on shipping industry to promote efficient and cleaner fuel that will address pollution in the industry.
The NLNG Manager, Commercial Contract Management, Tolu Longe, while speaking at the 2025 World Gas Conference (WGC) in Beijing, China, harped on current debates session on ‘LNG Shipbuilding and LNG Transportation’.
During the session, she explored the critical intersection of technology, policy, and market forces shaping the future of global LNG logistics.
Tolu addressed the shipping industry’s decarbonisation journey, spotlighting the role of alternative fuels like LNG, ammonia, and hydrogen in building cleaner fleets.
Tolu addressed the shipping industry’s decarbonisation journey, spotlighting the role of alternative fuels like LNG, ammonia, and hydrogen in building cleaner fleets.
She explained the complexity of this transition, from the capital intensity of fleet upgrades to the lack of pricing incentives for greener shipping, highlighting the urgent need for financial systems and regulatory frameworks that match the pace of innovation.
She also analysed the broader market fundamentals influencing LNG trade routes and pricing, particularly considering shipbuilding capacity concentrated in Asia and shifting geopolitical dynamics.
With major fleet expansions underway in countries like Qatar and China, she examined how these developments could impact cost structures, charter rates, and global LNG flows — especially for price-sensitive markets in Asia.
Closing with a forward-looking perspective, Tolu outlined the transformative role of digital innovation.
From artificial intelligence that enables smarter routing and fuel efficiency to emerging carbon capture technologies, she emphasised that the tools for transition are within reach, and what remains is cohesive action across finance, policy, and industry.