LEAD STORY
With domestic natural gas production falling well short of needs, India is set to import increasing volumes, primarily in the form of LNG, helped by a period of lower prices over the medium term, but also potentially via pipeline.
Also in this issue
Exxon Mobil Corp. expects inter-regional LNG trading will play a key role in meeting natural gas demand through 2040, particularly in the Asia Pacific region where demand is rising fastest.
The LNG industry has a disciplined approach to operating practice, governed by recognised international standards and enforced by regulators and certification authorities.
The emergence of the floating liquefied FLNG concept in the natural gas sector has seen an unprecedented focus on development activity and has reinforced the commercial interest in these facilities.
With liquefied natural gas becoming more popular as a clean fuel, there has been tremendous investment in LNG plants and terminals and more funds are expected to flow into the industry in the future as well as the industry recovers from the downturn.
