Strength Through Diversification: BGN International’s vision for global energy markets

As the energy transition steams ahead, the international community faces the crucial question of how to effectively and responsibly gravitate towards low carbon energy. There is an understanding that this must be done in a way that does not trigger economic instability, blackouts and ultimately social backlash.

Many challenges already weigh on energy markets, from the war in Ukraine to Middle East instability so the last thing the world can afford is a sudden, wholesale shift to renewables. Texas’ power crisis in 2021, South Australia’s in 2016, and California’s infamous 2020 blackout are all examples of millions being left without power because of an overzealous rush to renewables.

The key to this puzzle lies in transition fuels that bridge the gap between the energy realities in today’s market and a sustainable future. There are few companies that understand this imperative as well as BGN International, which has made clear its aim of guaranteeing energy security while mitigating financial and geopolitical risk.

There are many lofty visions for the energy transition which focus on an idealist all-renewable clean future, although realists, like BGN International, are aware that there is no such thing as an immediate, perfect solution. Rather, getting to a clean and sustainable future requires a number of steps. Immediate ‘low hanging fruit’ solutions to cut emissions, followed by the expansion of transition fuels to keep powering the economy all the while aspiring to incorporate other clean energy sources into the global supply chain. This has been the basis of the company’s heavy investment in Liquefied Petroleum Gas (LPG), Liquefied Natural Gas (LNG), and Sustainable Aviation Fuel (SAF)—all of which BGN International sees as critical bridging, or transition, fuels.

These fuels offer steep emissions reductions compared to traditional fossil fuels like oil and coal. LPG, for example, emits 50% less CO₂ than coal and 20% less than heating oil, making it a cleaner alternative for heating and industrial applications. LNG boasts a 30% greenhouse gas reduction compared to conventional marine fuels (used for both shipping and power generation).

SAF, which is created from biofuels and synthetic processes, offers a whopping 80% lower lifecycle emissions than traditional jet fuel. Those who dream of a decarbonized aviation sector cannot do so without relying on such solutions. The idea for traders like BGN International, is to actively reduce global reliance on high-emission fuels while guaranteeing global energy security.

Indeed, energy security is a major concern as we shift away from fossil fuels. Relying too heavily on any single solution—say battery storage or solar power—causes grid chaos and supply chain issues. California is a prime example - while its policies encourage electrification and reduced emissions, its residents face regular brownouts, blackouts and energy shortages. Strangely, the state often has a surplus of solar power highlighting the inconsistency and inefficiencies of its energy mix.

BGN International understands those risks and subsequently takes a different approach - it doesn’t rely on a single technology. Rather, the company works with governments, industries, and infrastructure partners to facilitate a slow, steady and balanced transition that mitigates the risks of both energy shortages and subsequent economic dislocation. Its core model is paring LPG and LNG investments with renewables, encouraging a transition which does not disrupt activity in an economy that still depend on fossil fuels.

This collaborative approach echoes a principle that has long underpinned energy security. Winston Churchill famously held that the key to energy security was diversity in sources of supply. “Safety and certainty in oil lie in variety and variety alone,” he told Parliament in 1913. His argument has been brought back into sharp focus this year, as geopolitical instability constrained by the world’s reliance on its oil, gas, and coal. The lesson is clear: the more diversified the energy mix, the greater the resilience in times of geopolitical and economic instability.