Speed, consumption and boil-off warranties

Stephen Mackin and Ross Howells, at Clyde & Co LLP, consider the relationship between the speed, consumption and boil-off warranties within ShellLNGTime 1

LiquefiedNatural Gas (“LNG”) is currently the fastest-growing gas supply source. Shell's LNG Outlook 2019 Report predicts a compound annual growth rate in the market of 4 per cent between now and 2035. By 2025, US$240 billion is expected to be invested into LNG projects worldwide, leading to an additional 180 million tonnes per annum of LNG in circulation. (Forbes 13 September 2019, “LNG’s Surfing the Wave” by Simon Flowers.)