Big Oil sees ‘huge potential’ in LNG — but warns it is still too expensive for consumers
Its cheaper than road diesel already now for starters. But Descalzi has a point – LNG needs to work on its cost stack. There is plenty of room at the bottom and we have not even started to get creative on it. The big fry wont do it – where are the entrepreneurs?
The liquefied natural gas (LNG) market has massive potential, leading energy executives said Monday, but warned the commodity is still too expensive for many consumers around the world.