Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
are THE big thing in the energy world (and in my world as well, because LNG is one sector of the industry that uses the most external finance). There are more than 30 or 40 proposed locations for import terminals, and several of these are likely to be built, simply because there will otherwise be a shortage of natural gas in North America. (One solution is to build the terminals in Mxico or the Caribean and pipe the gas from there)

It should be noted that LNG (liquid natural gas) has physical properties that make it impossible to blow up or burn, so it's really stupid scaremongering to worry about these boats. Onshore, the terminals are really simple things (basically, you warm up the very cold liquid gas by bathing it in water), and the end product, natural gas, is indeed flammable and explosive, but not more so than in the other hundreds of industrial plants that use it. So basic safety measures as are already used elsewhere should be more than enough. The LNG industry has an exceptional security record in the past 40 years.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Jun 24th, 2005 at 01:14:48 PM EST
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