Liquefied natural gas (LNG) is one of the fastest-growing energy markets. But although there has been movement
towards a global reference price, the costs involved along the value chain suggest the
commoditisation achieved in the oil sector is unlikely.
By Pooya Alai, manager, Adrian
Leaker, assistant director, and Michael Hurley, global LNG leader, PricewaterhouseCoopers.
Originally published in “The Fundamentals of the Global LNG Industry, 2007”, which is available from Petroleum Economist.
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