LNG opportunity exists in South America


The opportunity exists for the industrial gas business to supply cryogenic technology and equipment for LNG applications in Latin America, according to the outlook of Cryogenic Industries’ Arturo Martinez.

Speaking at the gasworld South & Central America Conference 2009, Martinez told delegates of his belief that LNG is a more attractive option to CNG as an alternative fuel.

The transportation of this provides business opportunities for the industrial gas community, he suggests, while this is especially relevant in the emerging LNG markets in South America.

Martinez explained, “The ability to transport LNG as a bulk package, especially in Brazil where this is an emerging market, creates an opportunity for the gases companies to provide technology and equipment.”

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