Petrobras, Brazil’s national oil and gas company, has started up the nation’s third LNG import terminal, taking combined regasification capacity to 41 MMcm/d – almost one-and-a-half times Brazil’s capacity to import pipeline gas from Bolivia.
Germany utility company E.ON has developed a novel technology that provides a possible answer to a pressing question: what to do with surplus wind-generated electricity when the wind is blowing strongly but demand is low?
These are exciting times for the LNG industry with new technologies being adopted for liquefaction and regasification, and as LNG is increasingly used in small-scale applications, particularly in transportation.
Interview with ChristopherCaswell, Director LNG and FLNG, KBR
The FLNG market size for 2016 was valued at over US$10 billion and is set to exceed 300 mtpa by 2024, reported by Global Market Insights, with increasing demand for cleaner fuel driving the global growth.