seahorse3 wrote:Yes, this LNG is complicated and just shows that this dream of transitioning from oil to gas is much more complicated than the "assumption" its just going to be a seemless transition. It doesn't even matter why its complicated, whether it is the complications of drilling, building the infrastructure, or politics, its all the same, complicated at every level. So, hopefully the big fields will quit declining so we can iron out all the complications for a seemless magical transition.
Citibank
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SeaGypsy wrote:What garbage Buddy, we are talking about small percentages only so far, there has been no 'wholesale transition'; seamless or otherwise.
Singapore is ramping up efforts to become Asia's hub for liquefied natural gas (LNG). Temasek Holdings LNG unit, Pavilion Energy, says it wants to raise its investments in infrastructure and assets, with the aim of trading LNG in Asia within the next three months. Already Asia's energy hub, Singapore has big ambitions to become the go-to market for LNG in the Asian region. The company is set to increase funding to its initial authorised capital of S$1 billion and invest in LNG infrastructure, terminal and assets in Asia ... according to the International Energy Outlook 2013, natural gas is the world's fastest-growing fossil fuel ... in line with economic growth and increasing wealth, developing Asia is expected to account for much of that demand, led by China, India and Southeast Asia.
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