Advancements improve custody measurements for LNG
10/1/2013
A. KENBAR, the National Engineering Laboratory (NEL), East Kilbride, Glasgow, UK Total global natural gas demand is estimated to have grown by about 2.7%/year (yr) since 2000. However, global LNG demand has risen by an estimated 7.6%/yr over the same period, almost three times faster. LNG demand growth is expected to stay strong, particularly to 2020. While a wide range of forecasts exists, a broad consensus of industry analysts predicts average annual growth of around 5%/yr–6%/yr for LNG.1 This growth in demand will be met by the expansion of existing liquefaction plants and the construction of new plants, as well as by the use of small-scale LNG plants incorporated into floating, product
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