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Smaller LNG solutions needed to open new markets

Making it easier and cheaper to deliver LNG in smaller volumes would help the fuel expand in emerging markets, delegates said at an Interfax breakfast briefing last week Making it easier and cheaper to deliver LNG in smaller volumes would help the fuel expand in emerging markets, delegates said at an Interfax breakfast briefing last week.
By Andrew Walker and Catriona Scott 9 July 2018 0 31649
Jamaica's FSU vessel The Golar Arctic in service as an FSU in Jamaica. (JPS)

IOCs must become better at offering lower-capacity LNG solutions to help the fuel gain traction in small emerging markets, particularly those that do not have a history of gas use, according to experts at a breakfast briefing held by Interfax Global Energy and QED Consulting on Thursday.

Delivering LNG to emerging markets has proven difficult because the typical solutions offered are for expensive multimillion-ton regasification projects.

A number of emerging markets are interested in importing LNG for use in their power sectors to replace expensive and polluting...