ETG: Liquefied Natural Gas (LNG)
The first of the modern ETG Companies, Energy Transportation Group, Inc., was formed in 1972 to specialize in international LNG project development and transport. Its achievements in LNG shipping included the financing, construction and operation of a US$1 billion fleet of eight 125,000 cubic meter LNG ships, which at its peak moved annually over 15% of all LNG produced in the world.
In China, the ETG companies' gas sector activities include service as LNG Shipping Advisor to the Guangdong LNG Transportation Project, providing analysis and recommendations on strategic and operating matters. ETG is also a shareholder of the Chinese LNG ship-owning companies.
ETG partnered with leading companies around the world, including Tenneco (US), Utilicorp (US), ROMGAS and CONEL (Romania), to develop LNG import- and export-related projects, and advised governments including those of Portugal, Turkey, Pakistan, Israel, Oman, and China, on LNG-related matters.
ETG's advisory and professional services entities continue to advise national governments and advise and partner with major state-owned and global corporations regarding LNG and transportation strategy, economics, project development, and commercial negotiation.