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LNG Expands Reach Through Virtual Pipelines

There is a growing worldwide opportunity to meet the needs of customers located beyond their country’s gas pipeline grid with virtual pipelines, or regular shipments of LNG or biogas by truck, train, or canal barge. Virtual gas pipelines are being used by gas suppliers to extend their markets to areas which are either uneconomic or too difficult to reach with a gas pipeline.

For instance, in Argentina Galileo is using Cryobox-Trailers to distribute LNG to customers in remote areas all over the country rather than build costly pipelines or rely on government subsidies. Virtual pipelines are operating in Australia, Canada, China, Europe and the U.S. and are under consideration in South Africa, Nigeria and Mozambique.

According to the Transparency Market Research Report 2018, the global market in virtual pipelines is expected to increase from US$ 1.07 billion in 2016 to US$ 1.82 billion by 2025. The world’s leading market for virtual pipeline services is currently North America worth around $501.4 million, followed by Latin America, Europe, Asia Pacific, the Middle East, and finally Africa. Read more https://www.rigzone.com/news/lng_expands_reach_through_virtual_pipelines-06-mar-2019-158308-article/

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