According to a recent report Liquefied Natural Gas (LNG) application is set to grow and become an important part of the global transport market, taking LNG bunker demand up to 77 million tones in 2035.
Oil is going to be vital for fuelling our cars and heating our homes for a long time to come. Fortunately, the UK Continental Shelf contains enough of it to fill 24 billion barrels.
The prospect of huge amounts of shale gas sitting beneath British soil has lead to French oil and gas company Total considering an investment of at least £12.7m in the UK’s shale gas industry.