Back to basics in the LNG market
Higher environmental standards and the demand for cleaner energy is expanding the scope of LNG use.
Add BT as a preferred source
WITH Asia being the largest market for liquefied natural gas (LNG), changes in the market as well as new developments in usage patterns are of vital importance to the maritime community.
New trends such as higher environmental standards and the demand for cleaner energy is expanding the scope of its use while the development of trading hubs such as in Singapore are set to impact the market going forward. These will be among the many issues discussed at the Sea Asia 2015 Conference this week.
While LNG demand is increasing, the LNG carrier market is still subject to market forces and fundamental issues with demand and supply have recently cast a shadow on the previously booming market.
Copyright SPH Media. All rights reserved.
