From 2020 to 2030 most new LNG demand growth will be driven by: policy, floating storage regasification units (FSRUs), replacing declining domestic gas production, small scale LNG and transport.
KEEP READINGIn the current situation the southern LNG enrty point would be essential for the Central Eastern European countries. The latest decision of the European Commission regarding the financial support of the missing infrastructure developments will surely accelerate this process.
KEEP READINGBy 2040 LNG carriers my be moving the equivalent of about 660 bcm per year, compared with just over 320 bcm in 2015. In other words, LNG trade will more, than double. Natural gas will be the largest contributor to the increase in total primary energy consumption.
KEEP READINGGreater competition is coming to the European gas market. Oversupply in global LNG markets will lead to fierce competition, with flexible US and Qatari volumes set to fight hard to gain access to European customers. The global LNG export capacity is forecast to increase by 45% between 2015 and 2021.
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