LNG

Juxtaposing the carbon capture and storage (CCS) capacity with LNG production illustrates of the scale of the ambition for CCS, Wood Mackenzie says, comparing the growth of two large industrial systems handling gas in a cooled liquid state. “Even in the delayed energy transition scenario, CCS capacity is expected to be three times greater than LNG supply volumes by 2050," analysts noted, "while in the base case, it will be four times greater."

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