SGMF Report Highlights LNG's 29% Reduction in Greenhouse Gas Emissions for Marine Fuels
The Society for Gas as a Marine Fuel (SGMF) has released its latest Life Cycle Assessment (LCA) on Liquefied Natural Gas (LNG), showcasing significant reductions in greenhouse gas (GHG) emissions compared to traditional marine fuels. The report indicates that using LNG can lead to up to a 29% reduction in tank-to-wake GHG emissions compared to Marine Gas Oil (MGO) 0.1%. This marks a 13% improvement from the previous assessment conducted in 2022. Additionally, the study highlights a 25% reduction in overall well-to-wake GHG emissions, supported by a 9% decrease in well-to-tank emissions since the first LNG LCA study in 2019. These assessments are crucial for understanding the current state of the industry and are regularly updated to reflect technological advancements and accurate GHG intensity values. The data for these studies is sourced from a diverse range of stakeholders, both within and outside SGMF's membership. 
