Liquid Gold: Is LNG the Next Oil?

Willhemina E. Wahlin

Liquid Gold: Is LNG the Next Oil?

Research output: Contribution to specialist publication › Featured article

Abstract

"There's a joke from the early days of the oil business," write Daniel Yergin and Michael Stoppard, in "The Next Prize," an article in Foreign Affairs in 2003. "A geologist reporting back on drilling a wildcat exploratory well says, 'the bad news is that we didn't find oil. The good news is that we didn't find gas'." Little did the early oil tycoons know that natural gas would have the last laugh, thanks largely and ironically to the emergence of its liquefied form, Liquefied Natural Gas (LNG) -- and no country on earth is currently laughing louder than Japan, the largest importer of LNG in the world.

Original language	English
Volume	66
Specialist publication	J@pan Inc. Magazine
Publisher	Japan Inc. Communications
Publication status	Published - 15 Dec 2005

Cite this

@misc{292e472f6e1a44e58972ffec12110ce0,

title = "Liquid Gold: Is LNG the Next Oil? ",

abstract = "{"}There's a joke from the early days of the oil business,{"} write Daniel Yergin and Michael Stoppard, in {"}The Next Prize,{"} an article in Foreign Affairs in 2003. {"}A geologist reporting back on drilling a wildcat exploratory well says, 'the bad news is that we didn't find oil. The good news is that we didn't find gas'.{"} Little did the early oil tycoons know that natural gas would have the last laugh, thanks largely and ironically to the emergence of its liquefied form, Liquefied Natural Gas (LNG) -- and no country on earth is currently laughing louder than Japan, the largest importer of LNG in the world.",

keywords = "LNG, Japanese policies, Energy security",

author = "Wahlin, {Willhemina E.}",

year = "2005",

month = dec,

day = "15",

language = "English",

volume = "66",

journal = "J@pan Inc. Magazine",

publisher = "Japan Inc. Communications",

}

TY - GEN

T1 - Liquid Gold

T2 - Is LNG the Next Oil?

AU - Wahlin, Willhemina E.

PY - 2005/12/15

Y1 - 2005/12/15

N2 - "There's a joke from the early days of the oil business," write Daniel Yergin and Michael Stoppard, in "The Next Prize," an article in Foreign Affairs in 2003. "A geologist reporting back on drilling a wildcat exploratory well says, 'the bad news is that we didn't find oil. The good news is that we didn't find gas'." Little did the early oil tycoons know that natural gas would have the last laugh, thanks largely and ironically to the emergence of its liquefied form, Liquefied Natural Gas (LNG) -- and no country on earth is currently laughing louder than Japan, the largest importer of LNG in the world.

AB - "There's a joke from the early days of the oil business," write Daniel Yergin and Michael Stoppard, in "The Next Prize," an article in Foreign Affairs in 2003. "A geologist reporting back on drilling a wildcat exploratory well says, 'the bad news is that we didn't find oil. The good news is that we didn't find gas'." Little did the early oil tycoons know that natural gas would have the last laugh, thanks largely and ironically to the emergence of its liquefied form, Liquefied Natural Gas (LNG) -- and no country on earth is currently laughing louder than Japan, the largest importer of LNG in the world.

KW - LNG

KW - Japanese policies

KW - Energy security

UR - https://www.japaninc.com/mgz_winter_2005_liquid_gold

M3 - Featured article

VL - 66

JO - J@pan Inc. Magazine

JF - J@pan Inc. Magazine

PB - Japan Inc. Communications

ER -

Liquid Gold: Is LNG the Next Oil?

Abstract

Other files and links

Fingerprint

Cite this