Tuesday, 28 November 2006
Chris Pashalis, President FMC Technologies SA
The present high prices of natural gas coupled to high demand for electricity and the inherent flexibility offered by LNG, have led to a considerable increase in the number of offloading terminals that will be required.
LNG demand is forecast to continue to rise by about 7 percent a year and go from 138.5 million tonnes in 2005 to 196-232 million tonnes in 2010 and 310-375 million tonnes by 2020.
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Published in
March 06
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