Energy for the 21st Century

Energy for the 21st Century

Opportunities and Challenges for Liquefied Natural Gas (LNG)

New Horizons in Environmental and Energy Law series

Susan L. Sakmar

Countries around the world are increasingly looking to liquefied natural gas (LNG) – natural gas that has been cooled until it forms a transportable liquid – to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.

Chapter 9: New players and projects – Russia, Peru, Yemen, and Papua New Guinea

Susan L. Sakmar

Subjects: environment, energy policy and regulation, environmental law, law - academic, energy law, environmental law

Extract

The projects in Qatar demonstrate how vision and technology can transform a country into the world’s largest LNG exporter. Similarly, the huge waves of LNG projects underway in Australia demonstrate vision and technologies that will propel the LNG industry to even greater achievements. At the same time, however, the Australian projects are challenged by many environmental and emissions concerns and, for that reason, these projects will no doubt be studied well into the 21st century. While Qatar and Australia are global leaders in LNG, a number of other countries have recently stepped onto the world LNG stage for the first time, including Russia, Peru, Yemen, and Papua New Guinea. These new projects present numerous opportunities and challenges that differ significantly from those presented in Qatar and Australia. For example, in Russia, the challenges of working through an opaque bureaucracy that requires many layers of approvals can delay or even derail projects. Russia also demonstrates the difficulties of working in extremely harsh Arctic conditions.

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