Methanol-based Ship Fuel

An Indian delegation in Singapore has sought to partner with global shipping industry to explore new technologies and the potential of using methanol and ammonia as ship fuels, a senior government official said on Monday. The Indian delegation is here to participate in the Singapore Maritime Week, which is being attended by over 10,000 delegates from around the world. "We are here to seek out collaborations for all new technologies and explore the potential of using methanol and ammonia as ship fuels with the shipping industry stakeholders," Bhushan Kumar, joint secretary, Ministry of Ports, Shipping and Waterways, said on the sidelines of the event. Methanol and ammonia are considered as cleaner alternatives to conventional maritime fuels. Green ammonia and methanol, produced from low-carbon sources, help in reducing carbon emissions. "We have to continue working on green fuel. At this stage it may be commercially not very attractive, but we have to optimize and improve the soluti

India's top oil and gas producer ONGC is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its chairman Arun Kumar Singh said on Monday. Oil and Natural Gas Corporation (ONGC) has substantially cut gas flaring -- burning of methane gas that is produced when oil is extracted from below surface -- and would look to bring it down to nil as part of its environmental commitments. In a post on LinkedIn, Singh said India's role in the global energy landscape is progressively becoming pivotal, and is likely to account for 25 per cent of global energy demand growth over the next two decades. According to the International Energy Agency, India's share in global primary energy consumption is expected to rise to 9.8 per cent by 2050. "India's share in cumulative global green-house-gas (GHG) emissions has been only 4 per cent, and current emission is 7 per cent, despite its population share of 16-17 per

It did not give any estimates of the number of ships involved but said China would build more vessels powered by lower-carbon fuels as part of Beijing's push to become carbon neutral by 2060

Methanol based fuel is cost effective, pollution free