Business Trends: Opportunities and risks in the global LNG market

Natural gas use has strongly increased around the globe, supported by higher demand and growing availability of gas. As a result, a surge in LNG trading has been seen across the world, and there is no indication of it slowing anytime soon. According to BP’s 2018 Energy Outlook, LNG trade will account for around half of all globally traded gas in the next 17 yr alone. Amid the opportunities that accompany LNG expansion, major challenges must be addressed. The complex trading cycle of LNG means that numerous processes and players must be considered, from natural gas suppliers and liquefaction plants to transport operators and storage facilities, to the financial processes that keep the cycle