LNG will contribute an increasing share of regional natural gas trade as production grows by 4.3 percent per annum and LNG’s share of global gas consumption rises to 15.5 percent by 2030.
Cheniere Energy funded a study by Deloitte MarketPoint to conduct an objective, economic model-based analysis of the potential impacts of LNG exports from the US on domestic and global markets and prepare a report discussing the results of the analysis.
Shell and FMC decided to jointly engage in extensive development programs for offshore LNG transfer systems capable of meeting the requirements of potential offshore LNG applications.
A working group of maritime companies, including Qatargas, RasGas and ConocoPhillips was established to develop a strategy to meet and demonstrate the targets required to achieve a clean charter certificate.
During the last decade, Dual Fuel Diesel Electric propulsion on LNG carriers has become increasingly popular, replacing the traditional steam turbine propulsion systems that have been standard for many years.