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LNG Digest
The newly adjusted focus
of the LNG industry reveals a landscape for dramatically renewed
growth emerging from long-term positive forces in the world's
three major geographic sectors of LNG activity. The combination
of these forces virtually assures the health of the industry,
despite the recent economic slowdown in the Far East, LNG's
primary end market.
The chronically overabundant supply condition of the 1980s and
early 1990s in the U.S. is history, and long-dormant receiving
terminals are slowly reopening and being used. In fact, a string
of as many as 30 new receiving terminals is being planned by
a number of companies for the East and West Coasts of the U.S.
Suppliers to Europe are becoming more diverse geographically,
with the emergence of Qatar, Nigeria, Oman and Libya as active
exporters to Europe. In the Far East, Japan's use of LNG continues
to grow, and new power markets in Taiwan and South Korea are
opening. By 2010, more than 40 million tonnes per annum of additional
supplies will have to be secured to satisfy expanding demand.
Demand in both South Korea and Taiwan is expected to more than
double by 2015 and both countries are anxiously securing new
long-term LNG supplies. Qatar, which until recently had been
considered only a speculative source of LNG, is currently positioned
to become the world's largest LNG exporter.
Outlined above are only some elements relating
to the trade of LNG. Those and other constituent forces must
be reported upon with immediacy, and analyzed with precision,
in order fully to inform the activities of industry participants.
LNG Digest,
a monthly newsletter, has an economic and business focus, keeping
the reader apprised of changing conditions and opportunities
that can affect the profits of his operation at all levels.
The impact of government legislation and changing regulations
is carefully examined in a business context to facilitate responsive
decision-making. Marketing opportunities for equipment manufacturers,
financial institutions and service vendors are highlighted as
they arise. Interviews with government officials and participants
in every phase of LNG production and distribution offer exposure
to unique insights from various global vantage points. Project
reports keep the reader abreast of progress and/or problems
on major baseload programs. The "On Careful Scrutiny" feature
highlights economic, political, and financial issues as they
affect the development of the industry.
Now in its 32nd year of publication, LNG
Digest is the only monthly newsletter devoted solely
to Liquefied Natural Gas, and is regarded internationally
as the industry's definitive source of reportage and interpretation.
Its frequency of publication assures prompt reportage of the
changes taking place worldwide.
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