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This unique work anatyses the commercial, legal and financial aspects of the complex process of developing an international energy project for the production and marketing of liquefied natural gas (LNG). The authors, informed by their significant experience and insight into the LNG industry, describe the essential chains in the commercialisation of natural gas as LNG: entrepreneurial aspects, functional LNG facilities and a linked series of contracts and contractual relationships. The expert contributions clearly show the import and significance of the crucial dependent factors that appear and reappear in all stages of a successful LNG project. Each activity, each facility, each contract must be understood in the context of the overall project development process. By providing an understanding of the whole, this book can inform the performance of those who have personal responsibility for only a small part in the development and implementation of an LNG project. It is essential reading for all those involved or seeking involvement in the LNG industry, including engineers, vendors, lawyers and bankers.
