US independent to spend over $1bn in next three years. Case study: Anadarko

This special report draws together four articles connected with the current state of the Liquefied Natural Gas (LNG) industry. The first looks at rapidly expanding demand for LNG in the Asia-Pacific region. Growth prospects for the industry are good with a tripling of output anticipated by the year 2015. The Tiga project, in Malaysia, part of an ambitious expansion programme, is set to enable Malaysia to challenge Indonesia as the world's leading LNG producer, and is described in the second report. Thirdly, the increasing size of bulk gas carriers, the most sophisticated merchant ships afloat, offer improved economic returns. Plans are underway for a vessel capable of carrying 160,000 cm of gas. The report concludes with a case study of the A3 company Anadarko's financial prospects. The US independent company is planning an ambitious capital expenditure programme of over $1bn in the next three years. (UK)