LNG Outlook is Good

LNG Tanker

LNG TankerA recent Reuters article described how Liquefied Natural Gas or LNG projects are weathering the global recession better than other industries. It states that one reason is the continuing global demand for natural gas and the lack of adequate pipeline infrastructure to supply it.  The slump in construction industry has meant that the costs of constructing new LNG plants and terminals to regasify it have come down as well.  So it sounds like there might be good geotechnical projects building new LNG plants, loading docks, and terminals in the near future. Hat tip to Geology.com. (Photo by Mike at Sea)