LNG powers ahead
LNG is making inroads into a variety of means of transport, with new maritime environmental regulations boosting its use in shipping
World liquefied natural gas imports in 2017 grew at their fastest rate since 2010. According to the International Group of LNG Importers (GIIGNL), imports worldwide surged 9.9% from 2016 to 289.8m tonnes. While China led the national import growth statistics, demand also grew elsewhere. LNG is increasing its share of new national and sectoral markets worldwide. In the traditional bulk gas and power sector, this April saw Bangladesh emerge as a new importer. A commissioning gas cargo from Qatar arrived at a new floating storage and regasification unit (FSRU) at Moheshkhali Port, developed by national oil company Petrobangla, Excelerate and the International Finance Corporation. Bangladesh exp
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!