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
2 January 2025
A renewed push for oil and gas production in the US combined with a continued focus on decarbonisation are just two of the trends to look out for in the coming year
2 January 2025
The climate narrative has centred on phasing out fossil fuels in favour of renewables and novel solutions, but increasingly, policymakers are realising the importance of hydrocarbons as an enabler of the transition
2 January 2025
Global population growth is leading to ever-rising demand for reliable and affordable energy, a need gas is perfectly placed to meet
31 December 2024
With a raft of scare stories around peak demand and climate change, 2025 should be the year smart investors leave the Big Oil bogeyman to the stuff of child’s play