Homeland Security News

LNG (Liquefied Natural Gas) infrastructure security is an explosively growing market with demand eclipsing the Aviation security market; driven by increased global demand for LNG, and the fact that one LNG tanker if detonated would cause a blast similar in size to that of a tactical nuclear weapon.

The world’s demand for LNG is increasing dramatically, since this energy source is available abundantly, ready to meet global energy demand at a time of rising energy prices. A recent HSRC’s report Global LNG (Liquefied Natural Gas) Infrastructure Security Market 2009 - 2014 forecasts that over the next few years we will witness rapid development of the global LNG infrastructure. For instance, the total number of LNG terminals worldwide will nearly triple over the next 7 years. This growth will be accompanied by a robust growth in the LNG infrastructure security market. The report’s forecasts:

• Surging energy prices will drive heavy investments in LNG infrastructure and its security – over $600 Billion and $17 Billion respectively in the next 6 years
• Over 300 new LNG facilities will be built over the next 6 years
• Over 75% of the LNG market is outside of the US
• Perimeter security & Maritime security account for over 30% of the market