February 2008


Industry developments

HPI market continues robust growth cycle

Jackson, Kim M., Hydrocarbon Processing Staff

Kim Jackson, Process Editor, Hydrocarbon Processing       Comments? Write: editorial@HydrocarbonProcessing.com Gas processing. Liquefied natural gas (LNG) growth remains strong in Asia and the US. In the first half of 2007, global demand for LNG reached 86 million metric tons (MMton). This represents an increase of 6.3 MMton—8%.1 However, Europe's LNG imports were down 2.3 MMtons when compared to the same time period in 2006.1 Japan continues to be the largest LNG market with a 9.8% increase in imports during the second quarter of 2007.1 Sluggish European demand helped to relax supply tensions i

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