Liquefied natural gas (LNG) is becoming increasingly popular as an alternative fuel due to various climate issues, local pollution concerns and its increasing usability in remoter locations. It is a cleaner and cheaper product than oil; but it still needs the technologies and infrastructure to really take off.
So how are companies currently connecting the LNG liquefaction, distribution, storage and end-user value chain and how do the technologies in this chain differ from that of the industrial gas industry? As Brice Lemaire, Sales Manager at ACD Cryo, reinforces, “LNG is an emerging market compared to the industrial gas market which is mature and well established worldwide. We are in the situation where the market uses existing products for the needs of LNG – but tomorrow, we need new products applied to our current or new needs.”
This month’s In Focus… investigates the differentiation in the technologies used in both the LNG and industrial gas value chains and what is propelling future growth for the LNG sector.
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