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LIQUEFIED NATURAL GAS (LNG) Industry Trends The LNG chain is complex and expensive means of supplying natural gas, relying on the large scale of projects to reduce costs sufficiently in order to make gas supply economic. As natural gas has developed into the environmentally-friendly fuel of choice for power generation and indigenous gas resources have declined in a number of key markets, LNG has evolved from a niche fuel supplying resource-poor markets into a regular mode of gas supply. The LNG sector is currently undergoing major change with the emergence of new markets such as India, China, U.S., and U.K.; the emergence of new supply projects in countries such as Australia, Egypt, Indonesia, Nigeria, and Qatar; rapid developments in liquefaction and shipping technologies; changing regional and global pricing structures; evolving contractual conditions; and a growing spot market. Nexant Services Nexant has considerable experience in undertaking LNG assignments throughout the entire supply chain. Our experience covers the following specific areas: |
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