April 2007

Trends and Resources

HP Impact: HPImpact: LNG sector growth changes traditional market shape

The liquefied natural gas (LNG) sector is one of the fastest growing sectors of the energy market and is expected to double between 2005 and 2010, delivering around 40% of global gas supply growth. A ..

Weirauch, Wendy, Hydrocarbon Processing Staff

The liquefied natural gas (LNG) sector is one of the fastest growing sectors of the energy market and is expected to double between 2005 and 2010, delivering around 40% of global gas supply growth. A new report by PricewaterhouseCoopers, looks at how this is simultaneously presenting new opportunities and challenging dilemmas for energy companies. Its future, however, will not just be shaped by the energy sector. "Financial institutions, engineering and shipbuilding will have considerable influence on the LNG investment programs of governments, infrastructure and transportation companies as well as private investors," says the study. More players are entering the market. By 2015, the 1

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