The energy landscape is becoming increasingly complex, reflecting a transition to more diverse energy systems. The energy transition is partially fuelled by the emergence of new technologies and innovative breakthroughs in existing technologies. Technical innovation is driven by complex drivers and feedback mechanisms between economic, technological, social, and political circumstances.
Industry experts have identified the potential for a supply shortage by mid-2020 unless new LNG production projects come online, which leads to the question; how are LNG developers responding to the emerging shortfall?
By downloading this eBook you'll find out:
In recent years, the natural gas and LNG industry has grown from strength to strength and regularly welcomes positive developments and outlooks. Most recently in the EIA 2018 Annual Energy Outlook, it was reported that most new electricity generation capacity will be natural gas/renewables after 2022 thanks to the low natural gas prices.
Egypt has the strategic vision to be a key player in the global gas industry during the next five years either on production or operation or trading levels. The country has all the required prerequisites to achieve this strategy and the key capabilities.
The global gas and LNG industry is continuously evolving, which is why the Gastalk webinar series provides a monthly expert review of the gas and LNG market. Covering the latest news of a specific region of the world each month, Gastalk interacts with different regional audiences to ensure everyone can participate live.
Being in the top three of the world’s biggest LNG buyers, Japan is at the forefront of market developments and updates which shape the global gas industry. IEA reported that 2017 was a year of strong growth for natural gas, with Asian markets predominately driving this highest increase since 2020.
With the appetite for energy growing, the global gas and LNG market is experiencing new and exciting opportunities. Producers, consumers and project developers are investigating and trialling new ways to work more efficiently to not only reduce costs but to also deliver the flexibility energy customers seek.
Natural gas has many environmental advantages compared to oil or coal-produced electricity including the reduction in CO2 emissions as well as other environmental benefits such as a massive reduction of NOx which contributes to a better climate globally. However, a real challenge for the industry is trying to ensure the greater market truly understand the benefits LNG can bring.
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