World's gas supply can last 200 years: CEO
The world has enough gas for the next 200 years, according to Nigel Darlow, CEO of Atlantic LNG Company of Trinidad and Tobago (Atlantic), who said the growth of liquefied natural gas (LNG) plants around the world is not a threat to his company's business, Ship & Bunker reports.
"It is true that we are seeing a lot of LNG plants around the world, especially in Australia which is set to become the largest exporter of LNG," Darlow said.
"In addition, we are seeing a huge growth of shale gas in the U.S., and that is going to support U.S. LNG exports with the first two on streams by 2016.
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