South-East Asian nations, led by Indonesia and Malaysia, are actively pursuing regasification and import terminals to handle around 40 million tonnes of LNG to feed into their developing natural gas networks.
Also in this issue
The World Gas Conference in Kuala Lumpur, the largest gathering of LNG executives and technical experts in recent years, gave a valuable insight into key developments expected in the industry in the coming years.
The International Group of LNG Importers, known by its French acronym GIIGNL, has traditionally favoured transportation of LNG cargoes on time charter terms. These are usually for lengthy periods, often up to 20 years.
The effects of a large-scale earthquake and tsunami on an LNG import terminal have been analyzed in a study by Japanese experts who carried out an investigation after the March 2011 disaster.