Floating cryogenic hoses unlock new opportunities in LNG transfer

The LNG market is both growing and changing. According to a recent study, global demand for LNG is projected to increase by a factor of 50% by 2020, compared to 2014. Much of this demand is spurred by the fact that LNG is usable in multiple markets, regions and configurations, and is widely available. At the same time, big changes are being seen in demand patterns for LNG, particularly gas power generation in the Asia-Pacific region. India is leading the charge, while China, Japan and Korea are both eyeing natural gas in a push to move away from high-polluting fossil fuels. In addition, remote regions of Indonesia and the Philippines are looking to LNG to fill the energy gap where access to