The Global Push for LNG: Opportunities and Challenges
Liquefied Natural Gas (LNG) has emerged as a cornerstone of the global energy market, offering a cleaner alternative to coal and oil. This article examines the factors driving LNG demand, including its role in decarbonizing power generation and facilitating energy transitions in developing economies. It also delves into the logistical and financial challenges, such as the need for advanced storage and transport infrastructure. With insights from industry leaders, the article highlights strategies for overcoming these barriers and capitalizing on the growing LNG market.
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