Future of LNG Industry in the United States Looks BrightOn Wednesday, LNG17 once again welcomed thousands of delegates and visitors to the George R. Brown Convention Center in Houston, TX.
AGA staff welcome delegates to LNG 17.
Day 2 of the conference began with keynote speaker Daniel Yergin, Vice Chairman of IHS and Founder of IHS Cambridge Energy Research Associates, addressing the global outlook for LNG.
Yergin said he is “very optimistic for the global gas market” forecasting 620 billion cubic feet per day (Bcfd) of demand by 2040. Through the advances in technology and infrastructure, North America is changing the face of the LNG industry.
In an interview with the KUHF Houston Public Radio, AGA President and CEO Dave McCurdy noted that with this success there are many challenges and opportunities ahead for the LNG industry.
“At the time when AGA secured the bid to host LNG17, the U.S. was the largest importer on LNG and just six years later, our country is now the largest producer and considering exporting natural gas,” said McCurdy. “We’ve gone from an age and an era of scarcity in the supply of natural gas to one of abundance.”
After the morning’s sessions, I took a stroll around the 250,000 sq. feet of exhibition space. Each of the 350 exhibitors’ booths were stunning and unique in their own way. I was especially drawn to the vendors with two-story structures and neon lights, something I had not seen at my first trade experience during the International Builders Show.
Out of everything I saw on the exhibit floor my favorite two attractions were the natural gas refueling station by Clean Energy and the CNG heavy-duty truck by Westport. I look forward to the day when I see more of these along the highways of America!
Stay tuned to AGA’s Twitter and Facebook pages, as well as this blog for exciting news from AGA regarding our LNG legacy scholarship fund.
