Business has been brisk in LNG markets in the past 18 months, and forecasts suggest it will remain so for the duration of this decade, if not beyond. Question marks linger over the role of LNG in our decarbonised future, but there are many that believe – and with the analysis to support – that LNG will have a bold role to play in our energy mix for decades to come, in some low-carbon shape or form.
All of which must bode well for the plants, ships, terminals and technologies that support this market.
The global trade in liquefied natural gas (LNG) increased 6% to 380 million tonnes during 2021 as many countries rebounded from the economic impact of the Covid-19 pandemic, according to Shell’s annual LNG Outlook report published on 21st February (2022)1.
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