An Examination of the International Natural Gas Trade

Abstract

Recent developments in the liquefied natural gas (LNG) industry, particularly the ongoing projects of liquefaction and regasification and the increasing number of LNG-carriers to be delivered in forthcoming years, have led some specialists to argue that LNG is today at the crossroads between regionalisation and globalisation. Other specialists think that, by 2010, LNG's share of the total international trade of natural gas will be predominant, compared with that of pipelines. All these assumptions are based on an examination of the duration of existing and ongoing international gas projects. Copyright 2003 Organization of the Petroleum Exporting Countries .