SL.16 Small and Micro-Scale LNG of the Future
Thursday 13 July 2023
Spotlight | Spring Sessions | West Level 1, Rooms 118-120
LNG markets, Energy Security and Decarbonisation , Operations and Best Practice , Commercial Stimulii , Upstream/Midstream Gas Production, Processing, Liquefaction , Shipping, Marine operations and Terminals , Downstream Infrastructure and Applications , Clear Filters - See Full Programme
The small and micro-scale LNG industry continues to show promise to displace more polluting fuels in shipping, trucking, and power generation, with participation from major energy companies and ample policy support. More stringent emissions regulations are likely to spur additional LNG demand, while the lower capex requirements and short cycle returns de-risk small scale projects from long-term demand uncertainty. Small scale projects can provide an outlet for flared volumes that have no takeaway capacity at present and are more likely to be accepted in environmentally aware communities. However, continuous cost discipline is necessary to ensure competitiveness for the end user. Can this niche and nascent industry revolutionize LNG consumption?