The natural gas industry in the United States and the Liquefied Natural Gas (LNG) sector especially has experienced a core shift over the past ten years. America’s consumption and production has dramatically increased due to the ability to capture shale gas. Gas imports are declining and waves of new LNG production and exports are coming online to supply growing demand.
These changes have opened global and domestic opportunities for LNG supply to new consumers. The international business case is focused on capturing exporting opportunities to new importing countries and fast-growing buyers; and the domestic business case is centered on identifying new domestic users for natural gas. LNG demand is primarily driven by the low cost of natural gas compared to oil-linked alternatives and environmental policy pushing the reduction of greenhouse gas emissions in power generation and in the transportation sector. The “Small Scale LNG” market encompasses the distribution of smaller volumes of LNG to support the needs of remote power generation (such as islands where a large-scale import terminal is not workable), and the fueling needs of ships, trucks, and locomotives. Small Scale is an emerging market with vast opportunity.
There is a gap between what the LNG industry has done traditionally and what the market is demanding now. Bridging this gap, and helping its clients understand the best path for LNG development is what TSG is dedicated to doing through the efforts of its LNG Practice Group.
How Transnational Strategy Group Can Help
We help firms capture new market opportunities and provide domestic and international resources in support of their ventures.
For Additional Information
For further information, interested firms are invited to contact Dana Marshall, Langley Wall or Doug Hengel. Our Washington office telephone is +1-202-320-5499 and email: email@example.com.