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Energy for the 21st Century

Opportunities and Challenges for Liquefied Natural Gas (LNG)
New Horizons in Environmental and Energy Law series
Susan L. Sakmar, Visiting Assistant Professor and Energy Law Scholar, University of Houston Law Center, US, Adjunct Professor, University of San Francisco School of Law, US and an independent consultant on global natural gas markets
Countries around the world are increasingly looking to liquefied natural gas (LNG) – natural gas that has been cooled until it forms a transportable liquid – to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.
Choice Outstanding Academic Title for 2014
Extent: 512 pp
Hardback Price: £114.00 Online: £102.60
Publication Date: 2013
ISBN: 978 1 84980 421 9
Availability: In Stock
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  • Environment
  • Energy Policy and Regulation
  • Environmental Law
  • Law - Academic
  • Energy Law
  • Environmental Law
Countries around the world are increasingly looking to liquefied natural gas (LNG) – natural gas that has been cooled until it forms a transportable liquid – to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.

This comprehensive study covers topics such as the LNG value chain, the historical background and evolution of global LNG markets, trading and contracts, and an analysis of the various legal, policy, safety and environmental issues pertaining to this important fuel. Additionally, the author discusses emerging issues and technologies that may impact global LNG markets, such as the development of shale gas, the prospects of North American LNG exports, the potential role of the Gas Exporting Countries Forum and floating LNG. The author contextualizes the discussion about the importance of LNG with an analysis of why the 21st century will be the ‘golden age’ of natural gas.

Accessible and non-technical in nature, this timely book will serve as an essential reference for practitioners, scholars and anyone else interested in 21st century energy solutions.
'The 12-chapter volume provides detailed discussions on the history, evolution, and current dynamics of the LNG industry, LNG supply and demand, globalization, safety, major players, the role of shale gas, emerging issues/concerns, and the future of LNG worldwide. The book is nontechnical, informative, and easy to read; a useful, suitable number of tables/figures support the text. It is a necessary, timely addition to any energy-related library, valuable for students and energy researchers and professionals as a comprehensive, up-to-date review of LNG.'
– M. Alam, Choice

‘Professor Sakmar’s book is a must-read for anyone interested in gaining a better understanding of the most dynamic segment of the global energy industry.’
– Jay Copan, Executive Director, LNG 17

‘Professor Sakmar’s book provides a well-rounded overview of the global role that natural gas is expected to play in the future and the important role of LNG as a means of transporting gas to where it is needed. Readers will find the book to be a very convenient compendium of relevant global information and an important educational, informational resource.’
– Ronald D. Ripple, Director, Centre for Research in Energy and Minerals Economics, Curtin University, Australia

‘Understanding global energy markets – what forces shape them and what trends define them – is critical for any professional trying to evaluate new energy developments and technological directions. Susan Sakmar’s impressive ability to provide this context in terms of LNG markets makes her book valuable.’
– Warren R. True, Sr., Chief Technology Editor, Oil & Gas Journal

‘With clear and direct text, supplemented with key maps, charts and graphics from government, industry and other sources, the book moves the reader smoothly through the early history of LNG up to current developments, including shale gas and North American LNG exports. The book is a valuable resource for anyone interested in understanding global gas markets and the energy policy challenges facing us in the 21st century.’
– Jacqueline L. Weaver, A.A. White Professor of Law, University of Houston Law Center, US
Contents: Preface Introduction 1. The Role of Natural Gas and LNG in the 21st Century 2. The LNG Value Chain 3. The Evolution of LNG Markets and Primary Demand Regions 4. Global LNG Supply 5. Global LNG Demand and Emerging Demand Markets 6. The Globalization of LNG: The Evolution of LNG Trade, Pricing and Contracts 7. Safety and Environmental Sustainability of LNG 8. Global LNG Mega Projects and Players – Qatar and Australia 9. New Players and Projects – Russia, Peru, Yemen, and Papua New Guinea 10. The Role of Shale Gas in the Golden Age of Gas 11. The Impact of Shale Gas on Global Gas Markets and the Prospects for US and Canadian LNG Exports 12. Emerging Issues in the LNG Industry Conclusion: The Future Looks Bright for LNG as a Fuel for the 21st Century Index