Changing paradigm: Power is not longer the priority for LNG suppliers
Nov 29:
The LNG market continues to evolve at a rapid pace. 8The advent of cheap renewable power seems to have killed the model involving gas-based power plants. 8The IEA is now admitting that LNG demand is shifting from power to industry. This is a big acceptance of the new reality. 8Even as the nature of demand has changed and newer demand sources have emerged, the much anticipated second wave of LNG capacity creation is already upon us. Click on Reports for more