Hottest Thing in LNG Is Producing Power as Record Glut Looms
- LNG-to-power projects will drive LNG demand, Cheniere says
- South Africa, Chile among nations planning integrated projects
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Seeking new ways to market their product, producers of liquefied natural gas are turning to an age-old technique: packaging.
As demand for electricity booms in developing nations from South Africa to Chile, LNG producers are offering to supply both fuel and a power plant in partnership agreements that can lock in consumption of their product for years. For their customers, primarily governments, it means dealing with a single entity responsible for every link in the chain.