For LNG developers, another year of canceled projects
LNG project developers still live in a dream world. They are used to big projects, big numbers, big customers, big volumes, and fancy talks in posh hotel suites. Thats what you do when your customer buys 20 years of 5 bcm annually. But this is not the future. Replacing oil-based fuels with LNG is the frontier. It’s much better money for product and the potential market is immense. But it requires some actual market development skills and I have a hunch that those are missing. The only easy day was yesterday.