Evolution and innovation for an increasingly dispersed LNG market
3/1/2021
The LNG industry must adapt to changing market conditions to grow, thrive and reach its full potential. LNG consumption and commercial patterns are in a state of change, yet the production facilities and systems supplying the markets—as well as the financing institutions that underpin their existence—are proving glacial in their speed to react. The advent and opportunities for the use of LNG as a fuel for factories, off-grid power plants, long-haul road transportation, locomotives, harbor and nearshore service vessels, ferries and international marine shipping are creating a market that is more diverse and dispersed than the traditional, large-volume, point-to-point structure forming the ba
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