LNG

Kawasaki Heavy Industries of Japan has made more progress with development of a floating, gas-fired power plant to operate with LNG deliveries and aimed at Southeast Asia with its many islands and isolated communities unable to receive pipeline gas supplies.

European classification society DNV GL said natural gas projects would receive more investment in the coming years and LNG capacity would double by the late 2040s as gas overtook oil as early as 2026 as the world’s primary energy source, accounting for a quarter of the world’s energy by mid-century.