Liquidity fuels LNG storage growth
Commercial storage of LNG is on the rise as the market evolves, and emissions controls loom larger on the horizon
Increased liquidity in the world's liquefied natural gas market, the impending cuts in permissible marine fuels emissions limits and increased use of LNG as a road fuel are combining to boost active interest in commercial LNG storage. Leading market participants are increasing their presence in the sector, particularly in Europe and Singapore, while the US lags. The International Gas Union's 2018 annual report notes that re-exporting activity from LNG import terminals continues to grow. European terminals have traditionally led this trade, with 14 of the region's 26 operational LNG import terminals capable of reloading, including-since 2016-Lithuania's Klaipedos Nafta floating storage and re
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