The United States is on the verge of becoming a major exporter of liquefied natural gas. Markets for these exports will include Europe, South America, and Asia.
Cheniere Energy has revealed plans to dominate the US LNG export market for years to come and is examining proposals to possibly double its number of production Trains at the Sabine Pass plant in Louisiana and at the Corpus Christi facility under construction in Texas.
Liquefied natural gas as a marine fuel offers substantial advantages over traditional marine petroleum fuels in emissions reduction, according to a new detailed report from the International Gas Union prepared for an energy working group set up by the Group of 20 largest economies.
The France-based International Group of Liquefied Natural Gas Importers (GIIGNL) said global LNG trade last year recorded a growth rate of around 7.5 percent, returning to a robust pace experienced before 2011.
Royal Dutch Shell moved to keep Northwest Europe at the forefront of the liquefied natural gas bunkering market by signing an agreement to fuel Russian-owned crude oil carriers from 2018.