One of the many sub-plots in the saga of two uncompleted Caledonian MacBrayne ferries at the Ferguson yard in Port Glasgow involves the proposed use of Liquefied Natural Gas to part-fuel them.
More investments in liquefaction is needed to head off a supply-demand gap that the company sees emerging in the late 2020s. Last year, the company put this supply-demand gap opening up by mid-decade.
China and India will significantly expand their LNG import infrastructure over the next five years with the pair, led by China, set to record the highest LNG regasification capacity additions in Asia.
Asia is expected to dominate global new build and expansion of liquefied natural gas (LNG) regasification capacity additions. The region will contribute about 74% of total global capacity additions by 2025, according to GlobalData.
The Philippines this week approved yet another proposed liquefied natural gas (LNG) import scheme as the country faces a looming gas supply crunch. However, the latest award, to AG&P, underscores the department of energy’s (DOE’s) lack of strategy for LNG imports in the power-hungry Southeast Asia nation.
Equatorial Guinea is pioneering developments in gas trading around West Africa with plans for a first regasification facility and political initiatives.
Amec Foster Wheeler has been awarded a contract by GNL Quintero to provide engineering services at its regasification terminal in Chile.