LNG

Natural gas demand growth in China, including LNG deliveries, is forecast to slow considerably, falling to 2 percent per annum between 2021 and 2030 compared with an average growth rate of 12 percent per annum between 2010 and 2021.

The International Energy Agency says the massive expansion of natural gas production is having wide-ranging effects on the global liquefied natural gas balance by underpinning major investments in new liquefaction capacity despite low gas prices in both Europe and Asia.