Surging LNG Demand

LNG demand is forecasted to outpace LNG supply between 2021-2022. Oil and gas majors, including Exxon, Shell, BP, along with LNG expert, Wood Mackenzie, anticipate demand for LNG to continue to surge, surpassing available LNG supply.

 

The United States is the #1 producer of natural gas. U.S. LNG export projects are able to leverage the U.S. natural gas production, extensive pipeline networks, and experienced EPC contractors to supply LNG cheaper and quicker than any other country.

“The outlook for LNG demand is set to grow at twice the rate of gas demand, at 4 to 5% a year between 2015 and 2030.”
Royal Dutch Shell 2017 LNG Outlook

Source:  Royal Dutch Shell plc Shell LNG Outlook 2017

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MONKEY ISLAND LNG - POWERED BY SCT&E LNG

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MONKEY ISLAND LNG - POWERED BY SCT&E LNG

© 2019 ALL RIGHTS RESERVED

 

This website contains forward-looking statements. Such forward-looking statements are subject to certain risks, uncertainties, and assumptions that include expected earnings, future growth, and financial performance, and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe,” “optimistic,” “intend,” “will,” and similar terms. Although SCT&E LNG (dba Monkey Island LNG) believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially from those anticipated in these forward-looking statements. A variety of factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the oil, gas, and LNG industries, weather conditions, competition and developments in oil, gas, and LNG markets beyond the Company’s control, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the oil, gas, and LNG markets, changes in government regulations of markets and of environmental emissions, the condition of capital markets generally, securitization of sufficient capital or a strategic business arrangement to fund its plan of operation, the Company’s ability to access capital markets, management resources, and infrastructure necessary to support the growth of its business, unanticipated facilities outages, adverse results in current and future litigation, failure to identify or successfully implement acquisitions (including receipt of third party consents and regulatory approvals), failure to acquire or transact on offtake agreements, and other risk factors related to the liquefied natural gas and related and connected business. All forward-looking statements attributable to SCT&E LNG or persons acting on its behalf are expressly qualified in their entirety by these factors. SCT&E LNG undertakes no obligation to update or revise any forward-looking statements, other than as required under applicable securities laws, whether as a result of new information, future events, or otherwise. The foregoing factors could cause SCT&E LNG’s actual results to differ materially from those contemplated in the forward-looking statements included in this website and should be considered in connection with information regarding risks and uncertainties that may affect SCT&E LNG’s future results.

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