Global LNG Market Growth and Hurdles

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France’s Total in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Iran Signs First Gas Deal with France’s Total in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Qatar's Gulf Dispute Unnerves Global LNG Market in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Qatar's Gulf Dispute Unnerves Global LNG Market in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Taiwan's CPC Announces Buying LNG From Cheniere in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Taiwan's CPC Announces Buying LNG From Cheniere in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Soaring Gas 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Undefined index: Natural Gas Industry Has a Leaking Methane Issue in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Industry Has a Leaking Methane Issue in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Anticipate Even Lower Natural Gas Prices in 2020 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Anticipate Even Lower Natural Gas Prices in 2020 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ohio Gas Price Hikes While National Average Drops in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ohio Gas Price Hikes While National Average Drops in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Braces for LPG Distributors Strike on Oct 1 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Braces for LPG Distributors Strike on Oct 1 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Iran to Increase Liquefied Natural Gas Production in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Iran to Increase Liquefied Natural Gas Production in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: 2017 to Begin With Strong Natural Gas, Oil Prices in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: 2017 to Begin With 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Worldwide oil price drop is a major benefit for India in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Worldwide oil price drop is a major benefit for India in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Are Natural Gas and Wind Winning in Supplanting Coal? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Are Natural Gas and Wind Winning in Supplanting Coal? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Can be a Larger Producer of Natural Gas by 2022 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Can be a Larger Producer of Natural Gas by 2022 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Will U.S. Become the Largest Supplier of LNG to Asia? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Will U.S. Become the Largest Supplier of LNG to Asia? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Oil May Determine Fate of Natural Gas-Weighted Stocks in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Oil May Determine Fate of Natural Gas-Weighted Stocks in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Should New Zealand Explore More Natural Gas Reserves? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: 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/var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Eni makes history with Mozambique natural gas discovery in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Iran's Cutting Down Exports Leads to Soaring Gas Prices in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Iran's Cutting Down Exports Leads to Soaring Gas Prices in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: U. S. Alerts Gas Industry about Increasing Cyberattacks in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: U. S. 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in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: What Are The Major Factors Affecting Natural Gas Prices? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Global Liquefied Natural Gas Demand to Grow 4-5% by 2030 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Global Liquefied Natural Gas Demand to Grow 4-5% by 2030 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The US is Transforming LNG Market as a Global Energy Hub in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The US is Transforming LNG Market as a Global Energy Hub in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: A Huge Gas Well Discovered by Oil Giant BP in New Mexico in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: A Huge Gas Well Discovered by Oil Giant BP in New Mexico in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The World's Most Cutting-Edge Shale Gas Production Field in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The World's Most Cutting-Edge Shale Gas Production Field in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Net Zero Natural Gas Plant Strikes Zero Carbon Footprint in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Net Zero Natural Gas Plant Strikes Zero Carbon Footprint in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas flaring on the rise in Texas and North Dakota in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas flaring on the rise in Texas and North Dakota in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Edges Coal as Biggest U.S. Electricity Source in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Edges Coal as Biggest U.S. Electricity Source in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Methane Emissions from Oil & Natural Gas Exceed Estimates in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Methane Emissions from Oil & Natural Gas Exceed Estimates in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India in Talks with Russia to Swap Natural Gas with China in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India in Talks with Russia to Swap Natural Gas with China in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Set To Change Ways On Powering Homes In Japan in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Set To Change Ways On Powering Homes In Japan in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Saudi Strife With Qatar Rooted in Gas Has 22-Year History in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Saudi Strife With Qatar Rooted in Gas Has 22-Year History in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The Kemper County Plant forced to Start Using Natural Gas in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The Kemper County Plant forced to Start Using Natural Gas in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Is Natural Gas The World’s Fastest Growing Fossil Fuel? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Is Natural Gas The World’s Fastest Growing Fossil Fuel? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Australian Natural Gas - A Solution to a Global Challenge in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Australian Natural Gas - A Solution to a Global Challenge in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Gas Faces Transition Issues Though It Is Cleaner Than Oil in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Gas Faces Transition Issues Though It Is Cleaner Than Oil in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Elon Musk Aims to Use Texas Natural Gas for his Starships in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Elon Musk Aims to Use Texas Natural Gas for his Starships in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Australia Set to Boost LNG Spending to Compete with Qatar in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Australia Set to Boost LNG Spending to Compete with Qatar in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Frenetic Asian demand excites investment in Australian LNG in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Frenetic Asian demand excites investment in Australian LNG in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Freezing Europe a Nightmare of Rising Wholesale Gas Prices in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Freezing Europe a Nightmare of Rising Wholesale Gas Prices in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Cheap, Safe Fish Meal a Derivative of Natural Gas Fracking in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Cheap, Safe Fish Meal a Derivative of Natural Gas Fracking in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Production Not the Cause of Excess Methane Gas in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Natural Gas Production Not the Cause of Excess Methane Gas in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The United States Natural Gas Business on A Rampant Growth in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The United States Natural Gas Business on A Rampant Growth in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: LNG Ltd. Signs 20 Year Agreement to Supply US LNG to India in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: LNG Ltd. Signs 20 Year Agreement to Supply US LNG to India in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ports Turn to Natural Gas in Quest for Cleaner Marine Fuel in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ports Turn to Natural Gas in Quest for Cleaner Marine Fuel in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Shoreline and Shell Join Hands For Gas Business In Nigeria in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Shoreline and Shell Join Hands For Gas Business In Nigeria in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Sets In Import of LNG From Russia Under 20-year Deal in 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/var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Morocco Set to Launch Tenders for $4.6bn Natural Gas Project in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Morocco Set to Launch Tenders for $4.6bn Natural Gas Project in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ontario Widens Access to Natural Gas, Lowering Heating Costs in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Ontario Widens Access to Natural Gas, Lowering Heating Costs in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Are Methane Leaks Offsetting the CO2 Benefit of Natural Gas? in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on 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By End of 2018 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Argentina Plans Exporting Natural Gas To Chile By End of 2018 in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Honda Offers $3000 Debit Card for Civic Natural Gas Car Buyers in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Honda Offers $3000 Debit Card for Civic Natural Gas Car Buyers in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Russian Natural-Gas Project Overcomes Western Sanction Hurdle! in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Russian Natural-Gas Project Overcomes Western Sanction Hurdle! in 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/var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The United State's Future Role In The Global Natural Gas Market in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: The United State's Future Role In The Global Natural Gas Market in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Convert Gas Flaring Heat to Power Using Thermoelectric Material in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Convert Gas Flaring Heat to Power Using Thermoelectric Material in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: U.S. Creates Natural Gas Consumption Record on New Year’s Day in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: U.S. Creates Natural Gas Consumption Record on New Year’s Day in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Plans Colossal Natural Gas Expansion Spelling LNG Imports in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: India Plans Colossal Natural Gas Expansion Spelling LNG Imports in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Korean Yard to Build LNG Floating Storage for Murmansk terminal in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Korean Yard to Build LNG Floating Storage for Murmansk terminal in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Vapours of Methane Gas Getting Released along the U.S. West Coast in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Vapours of Methane Gas Getting Released along the U.S. West Coast in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Scientists Highlight Natural Gas Risks & Dispute Climate Benefits in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Scientists Highlight Natural Gas Risks & Dispute Climate Benefits in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: World’s Largest Importer of LNG Japan likely to Consume More Gas in 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/var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: US-India Jointly Discovers Natural Gas Hydrates in The Indian Ocean in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: US-India Jointly Discovers Natural Gas Hydrates in The Indian Ocean in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Gas Field Prospect Could Boost South Canterbury, New Zealand Economy in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Gas Field Prospect Could Boost South Canterbury, New Zealand Economy in /var/sites/gasblog/wordpress/wp-content/plugins/seo-automatic-links/seo-links.php on line 400 Notice: Undefined index: Enjoy Flexible Supply Deals as New-Wave of LNG Terminals Get Smaller in 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In November 2015, when 195 countries signed the Paris climate change agreement, it was concluded by experts of the oil and gas industry that the deal’s biggest winner would be natural gas. The agreement’s framework was such that it pushed/forced countries to have their own domestic limits on carbon emissions to comply with the agreed norms in the summit in the specified time frame. The immediately affected industry was oil and coal-fired power plants. This is one of the major polluting industries globally, emitting many greenhouse gases affecting climate change.

“The Paris climate agreement is, if anything, a huge win for natural gas, which is the only thing that can make a meaningful difference in the short term,” said Joseph Baran, from oil and gas consulting group Bertison-George, LLC. Natural gas has emerged as one of the most preferred fuels globally and is being used by various end-user industries. The major advantage is, its clean-burning nature significantly lowers emissions as compared to other fossil fuels. With the increase in its usage, the gas-producing countries have increased their capacity and are looking forward to the strong demand and growth from Asia.

International Energy Agency (IEA) had also predicted a surge in demand for LNG globally. Still, in its recent report, it has revised its estimate and expects global demand only to rise only by 1.5% per annum. There are several reasons for the slump in the growth pattern of the LNG industry. One is the huge drop in coal prices, making it difficult for the gas producers to compete. Another major reason is renewable energy is catching very fast. Its benefits are attracting more investments in the long run, and its robust deployment is constraining the gas industry’s ability to grow.

Also, there is a glut of natural gas worldwide. Gas markets are expected to remain oversupplied until 2018, and the demand and supply situation won’t align until 2021. Globally the natural gas production is expected to jump by another 45% through 2021, and the major contributors will be the United States and Australia. The infrastructure in handling the gas calls for massive investments on the land the producers’ transport through the pipeline, but when it has to cross the ocean, it needs to be liquefied and then should be gasified at the point of use again. So this calls for specialised export and import terminals at the ports to handle LNG. The best solution for transportation across oceans is – freeze the gas to a temperature of -2600F to create LNG – reducing the gaseous form’s volume by a factor of 600.

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