LNG – Weighing the cost of big switch to gas-fired energy

Is liquefied natural gas (LNG) the answer to the Caribbean’s energy needs? And if it is, what does this mean for the region’s ports and maritime sector in terms of new terminals and the specialized tonnage needed to move the gas?

The Caribbean’s overdependence on crude oil for energy generation has been a concern for some time. There is a plentiful supply of less expensive natural gas in both Trinidad and, more recently, in the United States, but it’s the cost of switching over from one energy source to another that has been holding back any switch.

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