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LNG terminal expansion moves to forefront of contract tender action

Written by 
Friday, 20 April 2007
As the worldwide demand for hydrocarbon-based fuels continues to rise, liquefied natural gas has become a key source of energy in the Western hemisphere as there are no potential sources of pipeline gas that could meet all the demand.

Countries in Western Europe, as well as nations such as India, Mexico, China and Chile have built, or are planning to build, LNG import terminals, while countries such as Japan and Korea historically have relied on import terminals for their natural gas needs.

Given the current increase in natural gas consumption, an expansion of a completed LNG import terminal is almost inevitable.
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