| ID | 107490 |
| Title Proper | Current status and future projections of LNG demand and supplies |
| Other Title Information | a global prospective |
| Language | ENG |
| Author | Kumar, Satish ; Kwon, Hyouk-Tae ; Choi, Kwang-Ho ; Cho, Jae Hyun |
| Publication | 2011. |
| Summary / Abstract (Note) | An unceasing growth of gas consumption in domestic households, industry, and power plants has gradually turned natural gas into a major source of energy. Main drivers in this development are the technical and economic advantages of natural gas. It is a clean, versatile, and easily controllable fuel. On this basis, natural gas is often considered the form of energy that will be the "bridging fuel" to a sustainable energy system, sometime after 2050. Unlike other main sources of energy, such as oil and coal, gas is not traded on an actual world market. This paper provides an overview on demand and supplies of natural gas (LNG) in the past as a function of gas prices, gas technology (gas sweetening, liquefaction, shipping and re-gasification), and gas market and how they have changed recently. It also discusses the likely developments in global LNG demand for the period to the year 2030. |
| `In' analytical Note | Energy Policy Vol. 39, No. 7; Jul 2011: p.4097-4104 |
| Journal Source | Energy Policy Vol. 39, No. 7; Jul 2011: p.4097-4104 |
| Key Words | LNG ; Demand ; Supply |