DrumBeat: April 18, 2008

Transformation time for the LNG industry When BG Group began to build a billion-dollar liquefied natural gas plant in Trinidad and Tobago in 1996, one of the big draws was the Caribbean islands’ proximity to the US, the world’s biggest natural gas consumer. But a little more than a decade later, many of BG’s ships are heading half way around the world to Japan, rather than the company’s regasification terminal in Lake Charles, Texas. [break] Canada: Motorists aghast at price of gas The pric