LNG Bunkering Market to Grow at a Robust Pace During 2022-28

The LNG bunkering market was estimated at USD 4.5 billion in 2021 and is likely to grow at a CAGR of 42% during 2022-2028 to reach USD 52.43 billion in 2028.

Liquid natural gas (LNG) Bunkering is the method of transferring liquefied natural gas fuel from storage to a ship’s fuel tank for consumption. The stored LNG is transported at cryogenic temperatures allowing it to be condensed into a liquid state.

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