Opportunities grow as shippers chart course with LNG
Rapid uptake of LNG-powered vessels presents multi-billion dollar opportunity for gas producers
Stricter environmental regulations could provide gas producers with a billion-dollar business opportunity over the next few years, as the number of ships using liquefied natural gas (LNG) for fuel looks set to expand rapidly. There are around 30 LNG-fuelled ships currently in operation, but the fleet could increase to 10,000 by 2020 due to new global maritime regulations effectively outlawing heavy fuel oil (HFO) for ship fuel, according to Norwegian LNG bunkering firm Gasnor. And this could add another 5 million tonnes a year of LNG demand, head of commercial Trude Gullaksen told Petroleum Economist. At $8 per million British thermal units (Btu), the average European gas price, this would m
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The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
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Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
