Gastech Insights' Articles

Gastech Insights is an online platform which delivers unique content, analysis and online discussions within the global gas and LNG community.

2019-08-20
The global LNG industry: A changing landscape
The global LNG industry: A changing landscape

These are heady days for the global LNG industry.  Here in the U.S., the so-called “second wave” of LNG export projects is upon us. Elsewhere around the world, Qatar is proceeding with awarding contracts for different elements of its North Field Expansion Project, Anadarko and its partners took FID on the Mozambique Area 1 LNG Project (with other projects in Mozambique and elsewhere in East Africa in various continuing stages of development), and construction contracts are being signed for the Novatek-led Arctic LNG-2 project in Russia’s West Siberia.

Read More

2019-08-20
AG&P: Innovating and disrupting the global natural gas value chain
AG&P: Innovating and disrupting the global natural gas value chain
Read More

2019-08-20
Rethinking how we build the next generation of LNG projects in America
Rethinking how we build the next generation of LNG projects in America

Having spent more than 50 years in the engineering and construction industry, I’ve had my share of great projects and not-so-great projects. Most of us would agree that we learn more from bad experiences than from good ones. Over the past 15 years, LNG projects have experienced major cost and schedule challenges. In fact, 10 of the last 12 LNG projects have exceeded their planned budgets and schedules; some by as much as 50%.

Read More

2019-08-19
NextDecade: Optimally positioned to deliver the largest export solution linking Permian...
NextDecade: Optimally positioned to deliver the largest export solution linking Permian Basin natural gas to the global LNG market

Cleaner-burning natural gas has an important role to play in helping reduce global greenhouse gas emissions. It’s also affordable for energy consumers and abundant. These three primary attributes are driving governmental policies favoring liquefied natural gas (LNG) and contributing to rising global LNG demand.    

Read More

2019-08-19
New importing countries and a more liquid market: Cheniere on the important role of US LNG
New importing countries and a more liquid market: Cheniere on the important role of US LNG

Cheniere has played a pivotal role in the fast-growing natural gas industry in the United States and is currently the leading producer of LNG in the US and is expected by 2020 to be a top-5 global provider of LNG! And as the Sabine Pass Liquefaction Project continues to develop, they truly are one of the most influential companies in the global market right now. 

Read More

2019-08-14
LNG: A key role in Europe’s future gas supply mix
LNG: A key role in Europe’s future gas supply mix

The current LNG glut has seen regasification rates rising to record highs this year as Europe plays a key role in balancing the global market. Europe is able to benefit from such oversupplied global market conditions due to a healthy level of available LNG import capacity, deep market liquidity and the significant price elasticity of demand; gas generation loads can be increased through coal-to-gas switching when gas prices drop lower. 

Read More

2019-08-14
The changing LNG business
The changing LNG business

The LNG business is in a period of fundamental change as it moves from its traditional rigid structure to become a fully traded commodity. This period of change is happening during a time of considerable volume growth in the industry with LNG supply doubling by 2020, from 2016 levels; with growth expected to continue until at least 2030.  This change is not without pain, like a child growing from the restrictions and rules set by its parents, but one thing is clear, the LNG business will grow in size and become commoditised - the question is by when?

Read More

2019-08-14
How hydrogen can help Europe decarbonise its economy
How hydrogen can help Europe decarbonise its economy

Climate change is moving up the political agenda. Activists have called for the UK to achieve net-zero emissions by 2025. The UK has adopted a target of net zero emissions by 2050, the first leading economy to do so, but is likely to miss its near term targets. In the public’s mind, decarbonisation is all about renewable electricity. However, electricity generation only accounts for a quarter of Europe’s greenhouse gas emissions, and also only a quarter of final energy consumption. Total emissions will need to fall by 95% or more by 2050 to meet the Paris targets.

Read More

2019-08-13
Wood Mackenzie Report: The growing importance of North America in the global gas and LN...
Wood Mackenzie Report: The growing importance of North America in the global gas and LNG market

Ahead of the Gastech 2019 taking place in Houston, the energy capital of the world, Gastech Insights has worked with Wood Mackenzie to create an exclusive FREE report featuring industry insights you could not find anywhere else. 

Read More

2019-08-07
ABS supports LNG transport in tank barges with Guidance for remote-controlled monitored...
ABS supports LNG transport in tank barges with Guidance for remote-controlled monitored systems

Stricter sulphur emissions limits for ships has resulted in increased popularity of gas as fuel for shipowners looking to comply with environmental regulations within Emission Control Areas. Additionally, floating gas-to-power units promise to fill the gap between energy demand and the supply of clean and economical fuel. New small scale LNG vessels are key to help expand the LNG supply chain and advance adoption of LNG as fuel in the US.

Read More

2019-08-07
ABS supports industry innovation in gas containment and vessel design
ABS supports industry innovation in gas containment and vessel design

ABS continues to demonstrate leadership in the safe handling and transportation of gas – both as cargo and for use as fuel in marine applications. As the demand for cleaner energy continues to grow, gas carrier designs are evolving to fill global trades and niche applications. Shipowners and yards are also examining the application of gas as fuel to conventional merchant ship designs in order to meet the stricter emissions limits.

Read More

2019-08-07
FSRU players expand LNG activity by tapping into small and medium scale markets
FSRU players expand LNG activity by tapping into small and medium scale markets

Demand for small scale units must balance business case against local regulations and longer-term energy market risks, says Tor-Ivar Guttlesrod, ABS. The model for supply of energy and transport fuel to power-constrained locations using a Floating Storage, Regasification Unit (FSRU) is well proven. Numerous projects are being developed across the world and prospects for FSRUs remain strong, particularly in Asia, the Middle East, Africa and South America.

Read More

2019-07-15
Delivering responsible natural gas: The confluence of big data, technology & global...
Delivering responsible natural gas: The confluence of big data, technology & global markets

In North America and beyond, natural gas has become the dominant fuel for generating electricity. As economies expand, global demand for natural gas is projected to continue to rise by 50% over the next two decades. Natural gas is widely perceived as a clean “bridge” fuel to greater adoption of renewables and ultimately a low- or net-zero-carbon economy.

Read More

2019-07-15
How the power has shifted between LNG buyers and sellers: Interview with Wood Mackenzie
How the power has shifted between LNG buyers and sellers: Interview with Wood Mackenzie

With energy experts continually stating that 2019 will be a record-breaking year for the LNG industry in terms of FIDs, it really is an exciting time in the global sector with opportunities around every corner. Ahead of Gastech 2019 in Houston, Gastech Insights spoke with Wood Mackenzie’s Head of Americas Gas Research, Kristy Kramer, at the Governing Body Meeting back in March to hear more about the role US LNG will play in the next wave of supply and exactly what we can expect.

Read More

2019-07-15
Bechtel on increasing productivity and constructability in LNG projects
Bechtel on increasing productivity and constructability in LNG projects

As we see the market dynamics changing globally, it is now more important than ever for projects, short, medium and long-term, to be efficient otherwise you risk losing out on market share. This is why choosing a contractor who can hit schedule is now more important than just picking the lowest cost. Gastech Insights spoke with Bruce Barnes, LNG Technology Manager at Bechtel at Gastech’s Governing Body Meeting back in March to hear more about EPC’s and how they are utilising innovation to adapt to the new evolving markets.  

Read More

2019-07-15
Decarbonisation and industrial demand for gas in Europe
Decarbonisation and industrial demand for gas in Europe

In my first article for Gastech Insights, I discussed how the Oxford Institute for Energy Studies (OIES) has published papers on how the pace of energy transition towards low carbon fuels is one of the biggest challenges facing individuals, companies and governments today. The article concluded arguing that the gas industry needs to take decarbonisation more seriously or it risks being marginalized or removed from the European energy system.

Read More