LNG producers 'must focus on innovation'

Demand for more competitively priced gas in Asia and otherpart of the developing world will create an enormous market for LNG in thecoming years and decades.

But in order to tap into those emerging markets, LNGproducers must be flexible and innovative in designing liquefaction solutions,Woodside’s Peter Coleman told the IHS CeraWeek conference in Houston onWednesday.

“The whole business model is being turned on its head,”Coleman said.

Gas