As LNG Boom Creates Supply Glut, Many Turn to 'Micro LNG' for Small-Scale Solutions

SUGAR LAND--December 14, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--The liquefied natural gas (LNG) market, which has stunned industry observers with its exponential growth in the past few years, may become a victim of its own success. With low prices and weakening demand possibly leaving producers with a costly glut, many are turning to "micro LNG" as an economic alternative. In the U.S. and Canada alone, Industrial Info is tracking 20 LNG-production projects, with a total investment value (TIV) of $11.45 billion, that are set to be completed during the 2016 calendar year.

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