- Last year was an unprecedented year for natural gas and liquefied-natural-gas (LNG) markets.
- Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to grow 1%.
- Nevertheless, the LNG market was extremely volatile, with periods of extreme oversupply alternating with periods of extreme tightness during the year.
- According to McKinsey, natural gas is set to become the strongest-growing fossil fuel, with demand expanding 0.9% per annum from 2020 to 2035.
An...
https://mfame.guru/3-countries-compete-for-global-lng-market/