LNG industry faces short-term glut but long-term opportunity
Article by Chris Tomlinson published May 28, 2015 by The Houston Chronicle under the headline:
LNG industry faces short-term glut but long-term opportunity
The Methane Nile Eagle liquefied natural gas (LNG) ship, part of of BG Group Plc’s core fleet of LNG vessels. Royal Dutch Shell Plc agreed to buy BG Group Plc for about 47 billion pounds ($70 billion) in cash and shares, the oil and gas industry’s biggest deal in at least a decade.
What do you do when the supply of your commodity outstrips demand and depresses prices? You find new customers.
That’s exactly what natural gas producers and entrepreneurs are doing today, developing new technologies that could revolutionize global energy use.
The TRUTH will set you FREE.
No comments:
Post a Comment