Large investments are being made in biomethane or bio-LNG production that look set to provide sufficient volumes to meet the anticipated demand from LNG-fuelled vessels as owners move to decarbonise their fleets, according to energy and shipping sector advisers LansdowneMoritz.

Managing consultant Gary Regan said biomethane production in Europe has grown nearly tenfold in the last 11 years from 5 terawatt hours (TWh) in 2011 to 44 TWh in 2022.