LEAD STORY
BG Group has for some time recognised that East Africa presents an exciting opportunity as a relatively unexplored frontier play with material resource potential, stable and progressive governments, favourably located for Asian Pacific LNG markets.
Also in this issue
The price of LNG in Asia has skyrocketed due to the rise in the oil price and increase in demand in Japan.
The Arun LNG plant, located in the Lhokseumawe area of Aceh province in the northern part of Sumatra Island in Indonesia, was at one time one of the largest LNG liquefaction plants in the world.
LNG production is an energy intensive process. In baseload LNG plants, three major areas can be considered for increasing energy efficiency. One is the proprietary areas of acid gas removal and natural gas pre-treatment.
Two increasingly important aspects of the LNG contracting world to note are LNG import projects deliberately structured to be of a much smaller scale than has been customary, and projects for the breaking of larger bulk LNG cargoes.
