29 April 2024
LNG in the UK – Part one: Early growth promises future riches
Publication date: 21 February 2017
Gas Strategies Group
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ISSN: 0964-8496
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LNG has enjoyed only muted growth in the UK to date, crowded out by reliable pipeline supplies and ample storage that historically have proven cheaper and more convenient than liquefied imports. But if these long-standing pillars of British energy security weaken over the longer term, LNG could be well placed to take advantage and fill any supply shortfall at relatively short notice.
The first of this two-part feature examines consumption trends in Britain and industry efforts to boost LNG in the UK energy mix.