Monday, 10 September 2007 17:14
Marc Hammerson, a partner in the energy group at international law firm Stephenson Harwood, explains the development of the industry’s capital raising methods
Natural gas liquefaction can be traced back to the nineteenth century when Michael Faraday first liquefied various gases. However, it was not until 1959 that this technology was used commercially when the world’s first LNG tanker, the Methane Pioneer, carried LNG across the North Atlantic to Canvey Island, east of London.
Natural gas liquefaction can be traced back to the nineteenth century when Michael Faraday first liquefied various gases. However, it was not until 1959 that this technology was used commercially when the world’s first LNG tanker, the Methane Pioneer, carried LNG across the North Atlantic to Canvey Island, east of London.
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Published in
Sept 2007
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