Will affect world price, the cost to liquify and transport by a LNG ship is expensive, I would estimate it adds a minimum of $3-4 to the commodity price, current $2.18. Most dont recall that the first LNG plants in the US were build to import LNG, fracking changed that. Those plants quickly changed to a liquefier from a deliquefier. Turning gas into a liquid is a much more expensive and complicated plant, although I have noticed a few companies trying to get into a smaller scale market.. (upto 450K gallons a day) https://www.chartindustries.com/Products/LNG-Liquefaction-Plants is one
Electric cars will never dominate market, says Toyota
Japanese car giant insists appeal of EVs is limited,...Battery-powered electric vehicles will only ever capture 30% of global market share, the Chairman of Toyota has predicted,
If the Saudis start to unleash their shale gas in 2030, what effect will that have on NG prices ? 2030 isn’t far away .
Will affect world price, the cost to liquify and transport by a LNG ship is expensive, I would estimate it adds a minimum of $3-4 to the commodity price, current $2.18. Most dont recall that the first LNG plants in the US were build to import LNG, fracking changed that. Those plants quickly changed to a liquefier from a deliquefier. Turning gas into a liquid is a much more expensive and complicated plant, although I have noticed a few companies trying to get into a smaller scale market.. (upto 450K gallons a day) https://www.chartindustries.com/Products/LNG-Liquefaction-Plants is one
Interesting comment by Toyota today
Electric cars will never dominate market, says Toyota
Japanese car giant insists appeal of EVs is limited,...Battery-powered electric vehicles will only ever capture 30% of global market share, the Chairman of Toyota has predicted,
https://www.telegraph.co.uk/business/2024/01/23/electric-cars-will-never-dominate-market-toyota/
Toyota's bet on hybrids seems to be a success.