Calls for more and better cooperation between global LNG suppliers and market countries pervaded opening remarks from some of the world's leading players at the first day of the 17th International Conference & Exhibition of Liquefied Natural Gas (LNG17), Houston. The 4-day event convenes every 3 years.
ExxonMobil Corp. Vice-Pres. Richard Guerrant set the table by noting that LNG demand by 2040 will triple. By 2025, he added, the number of LNG importing countries will reach 40, while in the same timeframe the number of LNG supplying countries will double to 25.
Major trends he sees under way since 2010 include the movement of LNG into such niche markets as trucking and vessel fueling, ...