The Global LNG Bunkering Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 4.8 Billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period (2023–2031). This rapid expansion is driven by tightening IMO 2020 sulfur regulations, increasing adoption of LNG as a marine fuel, and significant infrastructure investments across major global ports.

As the shipping industry accelerates its decarbonization efforts, LNG has emerged as the leading transitional fuel solution. This analysis profiles the Top 10 Companies in the LNG Bunkering Market – a mix of energy majors, gas specialists, and maritime service providers building the infrastructure for cleaner marine operations.

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🔟 1. TotalEnergies

Headquarters: Paris, France
Key Offering: Integrated LNG Bunkering Solutions

TotalEnergies operates Europe’s most extensive LNG bunkering network with strategic terminals in Rotterdam, Marseille, and the Dutch Gate terminal. The company pioneered ship-to-ship LNG bunkering and has completed over 1,000 operations since 2015.

Sustainability Initiatives:

• Fleet of 6 LNG bunker vessels with 5 more under construction

• Bio-LNG pilot projects underway in Northern Europe

• Carbon-neutral LNG offerings through offset programs

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9️⃣ 2. Shell

Headquarters: London, UK
Key Offering: Global Multi-Port Bunkering Services

Shell has built LNG bunkering capabilities across 18 strategic ports including Singapore, Rotterdam, and Houston. The company’s dual-fuel vessels can supply LNG to ships while simultaneously loading cargo.

Sustainability Initiatives:

• Invested $1 billion in LNG marine fuel infrastructure

• Developing synthetic LNG production pathways

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8️⃣ 3. Gasum

Headquarters: Espoo, Finland
Key Offering: Nordic Bunkering Network

Gasum dominates the Baltic and North Sea LNG bunkering markets through its terminal in Pori, Finland and strategic partnerships across Scandinavia. The company serves high-frequency ferry routes and ice-class vessels.

Sustainability Initiatives:

• Pioneered cold-weather LNG bunkering operations

• Bio-LNG blending initiatives for maritime customers

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7️⃣ 4. Equinor

Headquarters: Stavanger, Norway
Key Offering: Norwegian Offshore Bunkering

Equinor provides LNG fuel to offshore support vessels and coastal shipping through Norway’s extensive gas infrastructure. The company operates Europe’s most northern LNG bunkering terminal in Hammerfest.

Sustainability Initiatives:

• Carbon capture pilots for LNG production

• Hydrogen-LNG blending research

Download FREE Sample Report: Global LNG Bunkering Market – View in Detailed Research Report

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6️⃣ 5. Molgas (Gasnor)

Headquarters: Madrid, Spain
Key Offering: Southern Europe Small-Scale Bunkering

Molgas specializes in truck-to-ship LNG bunkering operations across Mediterranean ports. The company’s flexible solutions cater to ferry operators and short-sea vessels with limited access to port infrastructure.

Sustainability Initiatives:

• Expanding renewable LNG capabilities

• Pioneering mobile bunkering solutions

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5️⃣ 6. ENGIE

Headquarters: Paris, France
Key Offering: End-to-End Bunkering Services

ENGIE provides complete LNG bunkering solutions from production to distribution across Western Europe. The company’s network includes the Fos Tonkin terminal in France and Zeebrugge port in Belgium.

Sustainability Initiatives:

• Investments in bio-LNG production

• Port decarbonization partnerships

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4️⃣ 7. Harvey Gulf

Headquarters: New Orleans, USA
Key Offering: Gulf of Mexico Offshore Bunkering

Harvey Gulf operates North America’s first LNG bunkering facility in Port Fourchon, Louisiana. The company’s specialized vessels serve offshore support operations and platform supply vessels.

Sustainability Initiatives:

• First U.S. operator with dual-fuel offshore fleet

• Expanding Gulf Coast LNG infrastructure

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3️⃣ 8. Barents NaturGass

Headquarters: Hammerfest, Norway
Key Offering: Arctic LNG Bunkering Services

Barents NaturGass provides specialized LNG fueling for vessels operating in extreme Arctic conditions. The company leverages Norway’s northern gas infrastructure for maritime applications.

Sustainability Initiatives:

• Reducing emissions in sensitive polar regions

• Cryogenic fuel expertise for ice-class vessels

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2️⃣ 9. Eni

Headquarters: Rome, Italy
Key Offering: Mediterranean Bunkering Solutions

Eni is expanding its LNG bunkering presence across Southern Europe and North Africa. The company recently launched bunkering services in the ports of Augusta and La Spezia, Italy.

Sustainability Initiatives:

• Developing bio-LNG value chain

• Carbon-neutral LNG pilot programs

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1️⃣ 10. Korea Gas Corp (KOGAS)

Headquarters: Daegu, South Korea
Key Offering: Asian LNG Bunkering Network

KOGAS operates South Korea’s largest LNG bunkering terminal in Gwangyang and provides ship-to-ship services in Busan. The company is expanding across Northeast Asia to support growing regional demand.

Sustainability Initiatives:

• Developing next-generation LNG bunker vessels

• Partnering on ammonia-LNG fuel research

Get Full Report Here: Global LNG Bunkering Market – View in Detailed Research Report

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🌍 Outlook: The Future of Marine Fuel Is Evolving Rapidly

The LNG bunkering market is transitioning from niche solution to mainstream marine fuel option, supported by regulatory tailwinds and technological advancements. Major ports worldwide are investing in bunkering infrastructure to meet growing demand.

📈 Key Trends Shaping the Market:

• Infrastructure expansion in Singapore, Rotterdam, and U.S. Gulf Coast

• Development of bio-LNG and synthetic LNG pathways

• Increasing adoption by container ships and cruise vessels

• Standardization of bunkering operations and safety protocols

Get Full Report Here: Global LNG Bunkering Market – View in Detailed Research Report

The companies profiled are at the forefront of building the infrastructure needed to support shipping’s decarbonization journey through LNG solutions.