LNG industry participants, from liquefaction developers through to shipowners and downstream consumers, need to look at how to cut methane emissions and reduce costs if LNG is to remain a competitive and attractive energy source in the move to a low-carbon future.
Delegates at this year’s CWC World LNG Summit & Awards in Rome heard how the LNG market will grow to 400 million tonnes per annum by the end of next year and expand to 500-mtpa by 2025, with more liquefaction projects in the pipeline beyond this.