Publication:
Trends and Markets in Liquefied Natural Gas

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dc.contributor.authorShepherd, Rob
dc.date.accessioned2012-08-13T15:13:22Z
dc.date.available2012-08-13T15:13:22Z
dc.date.issued1999-04
dc.description.abstract"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us . . ." Quoting the opening of Charles Dickens's Tale of Two Cities in connection with the current state of the liquefied natural gas (LNG) industry may, if anything, be overly optimistic, beset as the industry is with low prices and stuttering demand in its Asian stronghold. But it is hard to resist calling on these contrasts to characterize the LNG industry, for despite its problems, there are glimmerings of change that could profoundly improve its lot. LNG is essentially a niche fuel. Liquefying and shipping gas is expensive, so the LNG route is attractive for developers only where there is no local market or where capacity in the local market is insufficient to take all the available local supplies. LNG requires large investments by the buyers in terminal and regasification facilities, so it generally flourishes only where there is a shortage of indigenous gas supplies and where competition from pipeline gas is limited. In bulk, LNG is suitable for transport only by sea, so its use in landlocked areas is confined to small peak shaving plants or isolated locations such as central Australia.en
dc.identifierhttp://documents.worldbank.org/curated/en/1999/04/2529898/trends-markets-liquefied-natural-gas
dc.identifier.citationViewpoint. -- Note no. 182 (April 1999)
dc.identifier.doi10.1596/11494
dc.identifier.urihttps://hdl.handle.net/10986/11494
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSORPTION
dc.subjectADVERTISING
dc.subjectAIR
dc.subjectBIDDING
dc.subjectCOAL
dc.subjectCONSTRUCTION
dc.subjectCOST SAVINGS
dc.subjectDEBT
dc.subjectDEMAND
dc.subjectDEMAND GROWTH
dc.subjectELECTRICITY
dc.subjectELECTRICITY GENERATION
dc.subjectEMISSIONS
dc.subjectFLOURISHES
dc.subjectFUELS
dc.subjectGAS
dc.subjectGOLD
dc.subjectIMPORTS
dc.subjectINDEXATION
dc.subjectLNG
dc.subjectMARKET SHARE
dc.subjectMARKETING
dc.subjectOIL
dc.subjectOIL PRICES
dc.subjectPOTENTIAL DEMAND
dc.subjectPOWER GENERATION
dc.subjectPOWER UTILITY
dc.subjectPRICE WARS
dc.subjectPRODUCERS
dc.subjectSALES
dc.subjectSHIPS
dc.subjectSIBERIA
dc.subjectSUPPLIERS
dc.subjectSURPLUS
dc.subjectTARGET MARKETS NATURAL GAS
dc.subjectTRENDS
dc.subjectGAS INDUSTRY
dc.subjectGASIFICATION
dc.subjectPIPELINES
dc.subjectOIL PRICES
dc.subjectPOWER DISTRIBUTION
dc.subjectPOWER PLANTS
dc.titleTrends and Markets in Liquefied Natural Gasen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T09:30:43.160884Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1999/04/2529898/trends-markets-liquefied-natural-gas
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeWater
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid348241468779663586
okr.identifier.externaldocumentum000090341_20031001130537
okr.identifier.internaldocumentum2529898
okr.identifier.report26832
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/10/01/000090341_20031001130537/Rendered/PDF/268320VP10note0no101820sheph.pdfen
okr.sectorEnergy and mining :: Oil and gas
okr.topicInternational Economics and Trade::Access to Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicWater Resources::Water and Industry
okr.topicEnvironment::Montreal Protocol
okr.topicEnvironmental Economics and Policies
okr.unitOff of VP
okr.unitFPD&IFC Chief Econ-WB (FPDVP)
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
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