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The transition from coal to natural gas is imperative, but it must be delivered at the right price. Transportation and technological challenges are major considerations.

Delivering cost competitive LNG is another game changer. Technology innovations are supporting development, growth, and production efficiency. But there are infrastructure challenges. China represents the greatest LNG growth market globally, with forecast energy demand for LNG equivalent to 800 million tons – there is latent energy demand.

There is potential for meshing LNG and renewables to create a transition in energy supply and security. Contracts must address long-term and short-term demand, to maximize value to energy companies and customers—who must stay in synch. Large and small, long and short-term contracts have to be used strategically.