{"id":400382,"date":"2021-02-15T11:07:04","date_gmt":"2021-02-15T05:37:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400382"},"modified":"2021-02-15T11:07:04","modified_gmt":"2021-02-15T05:37:04","slug":"oil-industrys-dash-for-gas-comes-with-risks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-industrys-dash-for-gas-comes-with-risks\/","title":{"rendered":"Oil industry\u2019s dash for gas comes with risks"},"content":{"rendered":"<p>There are early signs of a new wave of investment in liquefied natural gas, oil\u2019s cleaner cousin. The industry is trumpeting a new capital discipline, but it might not be enough to stop another glut.<\/p>\n<p>This week, Qatar signed off on a 40% expansion of its LNG production capacity. The petrostate\u2019s North Field East project, due to complete in 2026, ranks as the single largest investment in the fuel ever approved.<\/p>\n<p>Even after a traumatic 2020, the wider industry may find it hard to resist competitive responses. LNG\u2014the liquefied, shippable version of the gas that heats homes and generates power across the world\u2014plays a key role in the strategies of all big five oil-and-gas \u201csupermajors.&#8221; It has better growth prospects and emits fewer greenhouse gases than oil, yet offers a more familiar business model than renewable energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are early signs of a new wave of investment in liquefied natural gas, oil\u2019s cleaner cousin. The industry is trumpeting a new capital discipline, but it might not be enough to stop another glut. This week, Qatar signed off on a 40% expansion of its LNG production capacity. The petrostate\u2019s North Field East project, due to complete in 2026, ranks as the single largest investment in the fuel ever approved. Even after a traumatic 2020, the wider industry may find it hard to resist competitive responses. LNG\u2014the liquefied, shippable version of the gas that heats homes and generates power [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-400382","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=400382"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400382\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}