eLNG Gains Momentum as Next-Generation Development Option
eLNG (electric liquefied natural gas) is gaining momentum as a next-generation development option in the oil and gas industry.
Global LNG supply has grown faster than overall natural gas demand in recent years, and it's expected to enter a major expansion phase from now to 2030. The International Energy Agency (IEA) estimates global LNG production will increase by more than 7% in 2026, its fastest pace since 2019.
The difficulty in meeting this scale of LNG infrastructure growth should not be underestimated. India, for example, where demand is expected to increase 60% by 2030, requires significant development across the entire value chain, from overseas liquefaction to transportation and domestic regasification and distribution.