And this is just the beginning. Once the world awakens to the potency of LNG as a fuel for any vehicular traffic, especially the heavy rollers, this market will blow out of proportion. Anyone who invests in LNG in a sensible fashion will be richly rewarded over the next 20 years. Don’t be a fool though. It’s not a great project just because the 3 letters are printed all over it. There are still stupid LNG project proposals – plenty of them actually and you will have to exercise a lot of hindsight and commit to rigorous Due Diligence in order to separate the grain from the mulch.
With margins narrowing in the crude oil business, some of the world’s biggest commodity trading houses are helping to reshape the energy industry with a drive into liquefied natural gas.