Market access remains key for LNG producers

04/22/2002
Although last year saw some slowing in the rate of growth of LNG demand, it remains one of the fastest growing sub-sectors of the energy business. Prospects for continued growth are good with more new liquefaction capacity being planned than at any time in the past.Moreover, LNG it is still a business in which sponsors of new liquefaction capacity want to see sales contracts for a substantial part of the planned output before they are prepared to commit the billions of dollars needed for upstream production, liquefaction facilities, and shipping. As a result, the competition for market access is intense. In addition, markets in the Atlantic Basin and Asia-Pacific regions are developing ve...
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