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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.
This comprehensive study covers topics such as the LNG value chain, the historical background and evolution of global LNG markets, trading and contracts, and an analysis of the various legal, policy, safety and environmental issues pertaining to this important fuel. Additionally, the author discusses emerging issues and technologies that may impact global LNG markets, such as the development of shale gas, the potential role of the Gas Exporting Countries Forum and floating LNG. The author contextualizes the discussion about the importance of LNG with an analysis of why the 21st century will be the ‘golden age’ of natural gas.
Accessible and non-technical in nature, this timely book will serve as an essential reference for practitioners, scholars and anyone else interested in 21st century energy solutions.
Contents: Preface Introduction 1. The Role of Natural Gas and LNG in the 21st Century 2. The LNG Value Chain 3. The Evolution of LNG Markets and Primary Demand Regions 4. Global LNG Supply 5. Global LNG Demand and Emerging Demand Markets 6. The Globalization of LNG: The Evolution of LNG Trade, Pricing and Contracts 7. Safety and Environmental Sustainability of LNG 8. Global LNG Mega Projects and Players – Qatar and Australia 9. New Players and Projects – Russia, Peru, Yemen and Papua New Guinea 10. The Role of Shale Gas in the Golden Age of Gas 11. The Impact of Shale Gas on Global Gas Markets and the Prospects for US and Canadian LNG Exports 12. Emerging Issues in the LNG Industry Conclusion
Susan L. Sakmar, Visiting Assistant Professor and Energy Law Scholar, University of Houston Law Center, US, Adjunct Professor, University of San Francisco School of Law, US and an independent consultant on global natural gas markets
‘Understanding global energy markets – what forces shape them and what trends define them – is critical for any professional trying to evaluate new energy developments and technological directions. Everything is about context. Susan Sakmar’s impressive ability to provide such context along with depth of explanation and careful analysis makes her book valuable.’
– Warren R. True Sr., Oil & Gas Journal, US
‘Sakmar’s Energy for the 21st Century provides a well-rounded overview of the global role that natural gas is expected to play in the future and how LNG transportation of the gas is likely to influence the dynamic global energy mix. The coverage includes economics, law, technology, regulation, and environmental issues. The already initiated will find the book a very convenient compendium of relevant global information, while the uninitiated will find it to be an important educational, informational resource. Both groups will find it to be a useful ongoing reference.’
– Ronald D. Ripple, Curtin University, Australia
‘Professor Sakmar’s book is a must read for anyone interested in gaining a better understanding of the most dynamic segment of the global energy industry.’
– Jay Copan, Executive Director, LNG 17
