What LNG was, isn't, and is

About 15 years ago, upon returning from an industry meeting that featured a couple of presentations on LNG, I wondered aloud to a veteran Oil & Gas Journal editor why we seemed to give it such scant coverage. "LNG is going nowhere," he replied, …or words to that effect. Too expensive for such a cheap commodity (i.e., natural gas), it'll always be an industry bit player. A player—big and bit—it has certainly become, although perhaps not exactly as we foresaw. By the late 1990s and early 2000s, it was clear that demand for natural gas for all sorts of uses was rising, especially in such developing-world markets as Asia-Pacific and Latin America. It was also clear that markets ...

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