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
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
12 September 2024
The oil alliance must navigate the good, the bad and the ugly in its showdown with the market at the beginning of December
12 September 2024
The transition to oil evokes revolution and renaissance
11 September 2024
But the young nation may have to go through a fallow period before that project comes online as the Bayu-Undan field nears exhaustion
