Why is LNG such a popular energy source in recent years?
As we all know from our use of natural gas at home, it burns very cleanly. That is very important to many industrial users and power generators that are being faced with compliance to very strict air emissions rules. While demand for natural gas has been increasing rapidly during the last decade, domestic production has remained fairly constant. There are large amounts of international proven gas reserves and many locations that offer major increases in that proven reserve base. LNG is an economical way to transport the gas from where it is abundant to the markets where it is needed. LNG offers long term stability to gas prices as the volume imported as LNG significantly increases in the future from the current level in the U.S today.
