What the full implications of the global gas revolution will be, it is still too early to say.
But the liquefied natural gas (LNG) market is set for a tumultuous decade, which will upset old business paradigms and leave many winners and some losers in its wake.
LNG is simply natural gas, cooled to minus 162°C to turn it into a liquid that can be easily transported by tanker. But from a niche product in the 1990s, it has rapidly become a critical way of transporting gas around the world. Explorers in remote areas used to be disappointed when they found gas instead of oil; now they know that they have a good chance of getting that gas to consumers.
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