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Next Wave of LNG Projects to Meet Rise in Global Demand

Demand for liquefied natural gas (LNG) is forecasted to grow at a rate of 4.5% per year. When combined with declining availability of LNG…

LNG | Australia | Anadarko | Malaysia | Algeria | Indonesia | Oil & Gas | LNG Projects | Liquefied Natural Gas

Industrial Info

Thu Mar 29 2018

Next Wave of LNG Projects to Meet Rise in Global Demand

Demand for liquefied natural gas (LNG) is forecasted to grow at a rate of 4.5% per year. When combined with declining availability of LNG from traditional suppliers such as Indonesia, Malaysia, Algeria and Australia's Northwest Shelf, it will be necessary to approve another 28 million-30 million tons per year of production to meet demand by 2020. This means the »