Ships and Crews Are Vital to LNG Supply Chains

Posted on Feb 6, 2006 in Markets and Competition, Vessel Transportation | Comments Off on Ships and Crews Are Vital to LNG Supply Chains

While the number of proposals for LNG regasification terminals is on the rise, Tony Bingham, Global LNG Business Manager with Lloyd’s Register Americas Inc., says the successful terminals will have a full supply chain lined up before construction of the facility is complete. Bingham maintains the shipping component is critical to the supply chain. “Many times I think that the developers of these terminals have neglected a central part of the LNG chain – the ship.” Chevron’s Vice President of LNG Marketing and Trading, Audie Setters, discussed the prospects for the development of an LNG spot market. Today’s Natural Gas Week features coverage of two conferences in Houston last week. [Subscription required]

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