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The Small Scale LNG market is a subset of the Liquefied Natural Gas (LNG) industry. It is characterized by the production, storage, and distribution of LNG in smaller quantities than traditional large-scale LNG operations. Small Scale LNG is typically used for industrial, commercial, and residential applications, such as powering remote locations, providing fuel for transportation, and supplying energy to small communities. It is also used as a backup fuel source for large-scale LNG operations.
Small Scale LNG operations are typically more cost-effective than large-scale operations, as they require less capital investment and have lower operating costs. Additionally, they are more flexible and can be deployed quickly, allowing for rapid response to changing market conditions.
Some companies in the Small Scale LNG market include Wärtsilä, Skangas, Engie, and Gasum. Show Less Read more