LNG's Evolution Technology, commercial developments

After 4 decades of development, the LNG industry has evolved from being a regional niche player to a commercially and technologically viable global energy business. Described here are the main industry themes and drivers from the early 1960s to the present as well as emerging developments that are shaping the industry's future.TechnologyFour distinct periods mark the progress of LNG technological changes; future developments are built on these periods.First generation-1960sGiven the current focus on providing new LNG supplies to the US, it is ironic that the US was the first international LNG exporter, with a shipment in 1959 by Constock (Chicago Stockyard-Conoco LNG venture) from Lou...

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