Friday, 22 April 2011

Dubai seeks to become LNG trading hub

Emirate is looking to develop export capacity.  Dubai is looking into developing its capacity to export liquefied natural gas (LNG) with the intention of turning the emirate into a gas trading and transport hub serving the Asian market.

We have begun to talk about how we might form a gas hub, said Paul Mason, manager of government-owned Dubai Supply Authority (Dusup), told delegates at the Dubai Global Energy Forum.

We have the ability to import LNG but not the ability to export, so that might be the logical next step, he added.

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