LNG is a cleaner fuel replacing fossil fuels, such as coal and oil in power generation. Especially in areas suffering heavy air pollution, local governments are promoting the switch to cleaner energy sources. New power plants are more often designed to burn a multitude of fuels, including LNG. The availability of LNG in remote locations, which cannot be connected to a gas pipeline grid, is one of the major obstacles which Lexington LNG intends to solve.
Changing drivers of LNG demand growth