“Global market opportunity for LNG as a transportation fuel is immense”

“Gas has been the fastest-growing hydrocarbon for the past decade, with demand increasing at around 2% a year since 2000. Global LNG demand has grown by an estimated annual average of 6% since 2000, reaching 265 million tonnes per annum (mtpa) in 2016. That’s enough LNG to supply power to around 500 million homes a year!” says Rahul Deep Singh, MD, Hazira LNG Pvt Ltd. Excerpts from his email interaction with Offshore World.