Global natural gas markets are being reshaped by the development of major emerging LNG buyers such as China and by the rising production and export projects underway in the United States and elsewhere.
China is currently in the midst of its “Action Plan on Prevention and Control of Air Pollution” to improve overall air quality across the nation during a five-year period.
In the past 10 years, Latin America and the Caribbean have seen significant growth in the number of LNG import terminals being constructed and commencing operations in these regions.
We are in a market where an industry which is just over 50 years old is growing at a very fast pace and its future looks bright. Liquefied natural gas trade has quadrupled over the last two decades and is expected to double over the next two.