> This is the part that fuel-first narratives tend to miss. In a serious energy transition, coal demand falls, oil demand falls, and gas demand falls. That means fewer bulk carriers and tankers moving fossil energy around the world. The maritime sector does not have to find a one-for-one replacement fuel for all of that work, because a material share of the work should disappear.
I would argue that chipping away at all three sides of the equation reducing the amount of fuel used, the amount of fuel used for transport and transporting things using other that fuel are worth pursuing.
If an oil producer electrifies faster than average, for example Norway, then oil that might have been consumed domestically instead is shipped overseas.
In theory the small amount of additional available oil due to domestic electrification might become available for export, but I expect that the global drop in demand due to worldwide electrification will make that unlikely: they'll just slow down production to avoid flooding the market and crashing the oil price.