Falcon is a global energy company with projects in Hungary, Australia & South Africa

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Message: Singapore Ramps Up As Major LNG Hub In Asia

An interesting read on NG.

"Some commentators have said that the ‘oil and gas’ industry, as it is commonly referred to, may soon become the ‘gas and oil’ industry."

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"Within the LNG market, a big part of the growth is coming from the Asia-Pacific region. The key producers are here: Qatar, and soon Australia, with major projects being developed in Queensland and the North-Western territories. And so are the major consumers. We have traditional buyers like Japan and South Korea; as well as rapidly growing markets in China and India, where demand for energy is growing at rapid pace, especially with the switch from coal and oil-fired plants to cleaner gas turbines."

Read the whole article.

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