August 2001

Trends and Resources

HP Impact: HPImpact: World LNG market to double by 2011

 Fig. 1     A projection of global LNG consumption by region in 2011 The world trade market for LNG is an important part..

Weirauch, Wendy, Hydrocarbon Processing Staff

 Fig. 1     A projection of global LNG consumption by region in 2011 The world trade market for LNG is an important part of the growing international gas business. The market is expected to double in size in the next ten years, according to a study from Emerging Markets Online (www.emerging-markets.com). Factors contributing to this growth include: Increased competition in LNG trade Ever-increasing demand for natural gas Falling costs of LNG supply and shipping Rising demand from Europe and the U.S. for gas-fired power plants. LNG trade liberalization in existing marke

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