An analysis of the nation's future path as the government prepares four key policy revisions to improve market efficiency
The Indian LNG and natural gas sector is undergoing a significant transformation in terms of policy, regulations and infrastructure.
The Panama Canal's expansion at a cost of more than $5 billion is set to have a dramatic impact on world trade patterns, in particular the LNG industry, and the project has already contributed to a surge in Asian participation in US LNG export ventures.
The expansion will allow 80 percent of the almost 400 vessels in the global LNG carrier fleet to deliver LNG from new US export plants being constructed or planned along the Gulf coast of Louisiana and Texas, as well as Georgia and Maryland, to the premium LNG markets of Asia.
Breaking down the individual silos in asset management and forming an integrated team comprising Corrosion and Materials, Inspection, Maintenance and Operations personnel to develop a cohesive, integrated Asset Management function can provide long-term benefits to an LNG operator.
The Montoir LNG Terminal is located on France’s Atlantic coast on the north bank of the Loire river estuary and has been in operation since 1980.
Finnish company Wärtsilä’s recent takeover of the UK’s Hamworthy has created a combination to deliver new flexibility in technology and design for LNG power on land and sea.