Asian LNG Demand To Quadruple By 2030 | WHAT REALLY HAPPENED


Asian LNG Demand To Quadruple By 2030

The biggest buyers of liquefied natural gas (LNG) in Northeast Asia—which account for more than half of the world’s LNG market—could see their total uncontracted demand rising fourfold by 2030, new research by Wood Mackenzie has shown.

At the same time, U.S. LNG export capacity is set to significantly increase in the coming years with several projects awaiting final investment decisions (FIDs) and several others currently in commissioning stages.

Rising LNG demand in Asia is welcome news for the variety of projects under construction and commissioning in the U.S. Gulf Coast and Atlantic Coast.

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