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LNG & LPG: Changing Lanes

Posted on Nov 05, 2015 by ABS Marketing & Communications

Natural gas will play an increasingly important role in the future energy mix of Asian countries. Supply is predicted to come from conventional gas fields offshore Australia and East Africa and increasingly from U.S. shale gas exports.

Only a few years ago, the U.S. was positioning itself as an importer of natural gas. However, the shale boom has driven a reversal of the trade flows with licences, permitting and facility development focused on exports rather than imports.

This has created new trades in ethane, ethylene and LNG, with increasingly strong LNG flows out of the U.S. Gulf predicted once the expanded Panama Canal opens in early 2016.