Gas to Power: Natural Gas and LNG Alternatives

Natural gas continues to be the fuel of choice for the power and industrial sectors in many parts of the world, in part, because of its lower carbon intensity compared with coal and oil. Today, power generation is the primary use of natural gas in most emerging markets but there is a significant unmet demand for electricity worldwide. Natural gas can be a replacement fuel to coal, fuel oil and other fossil fuel in thermal power plants and therefore the gas price in many parts of the world is indexed to available alternative fuel with transportation cost added.