Special Report: LNG Update: Asia-Pacific LNG capacities, plans to move ahead in 2010

03/15/2010
Global LNG capacities and trade moved into unfamiliar and unsettling territory in 2009-10. As recession has driven down global energy demand, not least for natural gas, progress on approving, building, and commissioning yet more LNG plants and terminals has barely paused.Nowhere was this more evident than for Asia, the world's largest LNG producing and marketing region and historically the center of the LNG world. There, recession seemed to land only glancing blows, depending on which economy you looked at. And the region has seen in the past year approvals of projects whose scale only a few years ago seemed daunting to many planners.Large production projects for Australia and nearby Papu...
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