Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end of the decade. Higher natural gas prices and growing efficiencies in the LNG value chain are making it economically attractive to ship LNG over long distances, transforming natural gas from a regional to a global market. GE’s Power Conversion business is working closely together as a partner with the Power & Control Systems division (PCSD) of Samsung Heavy Industries (SHI). Power Conversion has been appointed to equip four LNG carriers to be built by SHI at its Geoje facility in South Korea. SHI, one of the world’s largest ship builders, is a leader in the market with its LNG carriers and ultra-large container ships.