Despite plunging demand in North America thanks to shale and unconventional gas resources, the LNG industry continues to expand, buoyed by the consistent and burgeoning global appetite for energy.
ExxonMobil’s energy outlook shows rising global energy demand, shift toward natural gas and energy efficiency gains.
The BP Energy Outlook 2030 is the first of BP’s forward looking analyses to be published after 60 years of producing definitive historical data in the BP Statistical Review of World Energy.
Golar LNG has been selected as the successful bidder to build the West Java FSRU project by Nusantara Regas.
GDF SUEZ is to supply China’s CNOOC with 2.6 million t of LNG over four years, starting in 2013.
Italy’s first LNG to CNG refuelling station has opened in Villafalletto.
DONG Energy has signed a supply agreement with IBERDROLA for the supply of 1 billion cubic metres per year of LNG.
Japan has received its first LNG cargo from one of Qatar’s massive Q-Max vessels, the largest LNG carriers in the world.
Fjord1 and Fiskerstrand BLRT have entered into an agreement to build the world’s largest gas-powered ferry.
PERU LNG has successfully produced its first LNG cargo from its terminal in the Pampa Melchorita area.
LNG as a fuel offers many benefits to the shipping industry and could be price competitive with a little development in infrastructure.
South America is investing heavily in LNG to secure energy supply and potentially earn export dollars sending LNG to the lucrative North American market.
The Annual Energy Outlook presents a projection and analysis of US energy supply, demand, and prices through 2035.
Shell officials have stated that the Middle East will struggle to keep enough investment to meet the demand for natural gas over the next two decades.
Whilst the risk of a pirate attack on an LNG vessel transiting through the Gulf of Aden may have increased in the last few months, there are many measures that can be taken to guard against such attacks.