Venue: Busan, Korea
This conference Design, Construction & Operation of Natural Gas Carriers and Offshore Systems is sponsored by Lloyd's Register. There is considerable optimism about the future of the natural gas market. A significant growth in the number of gas carrying vessels is expected, resulting from both an increase in demand and the current programme of scrapping older vessels. While some companies are looking at the possible economies of scale of larger vessels (in the range of 175,000- 250,000 cu.m.) others are looking to develop options for developing small vessels to exploit shortsea and coastal trades in natural gas.
New alternatives to LNG including compressed/pressurised natural gas (CNG/PNG), where the gas is stored under pressure at ambient or semi-refrigeration temperatures, are also being developed. There is also a growing interest in floating production, storage and offloading systems for offshore oil & gas developments and re-gasification tankers and plants designed to avoid the need to construct huge land-based processing and distribution centres.