Where we are: Relationships, contracts evolve along supply chain

LNG RISK PROFILE—1International LNG trade continues to experience significant growth and diversification. Trade grew an average of 7.9%/year from 1995 to 2003, a more rapid growth than by any other sector of the energy industry. In 1995, 92 billion cu m of gas traded as LNG from eight exporter countries to eight importer countries expanded to 169 bcm in 2003 from 12 exporter countries to 13 importer countries.1 Analysts suggest that growth of LNG supply over the next decade will average up to 10%/year, based upon project commitments2 with several more exporter and importer countries about to join the trade.Such growth will require continued huge capital investments along the entire ...

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